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Americans Are Officially Out Of Money To Spend — We Had To React

Tom Bilyeu | July 23, 2026



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Special thanks to Jeff Snider & Eurodollar University Original Video:
http://youtube.com/watch?si=qnN-4NpQik0V6lMl&v=dLPgpg9WHRg&feature=youtu.be

Welcome back to Impact Theory with Tom Bilyeu. In this episode, we dive into the complexities behind the recent Consumer Price Index (CPI) report with Jeff Snider, creator of Eurodollar University. As inflation rates drop, the mainstream narrative celebrates apparent progress— but is this really the good news it seems?

Jeff breaks down why the numbers aren’t just about falling oil prices, revealing a deeper, crisis-driven deflation that spells trouble for both consumers and the broader economy. We unpack why traditional metrics might not tell the full story, how demand destruction—not healthy innovation—is driving price changes, and why core indicators point to widespread economic fragility rather than a return to prosperity. From the knock-on effects of COVID-19 policies to the persistent struggles of real wage growth, this conversation challenges conventional wisdom and offers tools for understanding the true signals within the chaos.

Join us for an eye-opening exploration of what’s actually happening beneath the economic surface— and hear why understanding these dynamics might be the most important financial education you get this year.

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Written by Tom Bilyeu

Comments

This post currently has 27 comments.

  1. @Spratthoken

    July 23, 2026 at 4:18 pm

    I told a friend during the Floyd protests that the covid monetary responses will be worse than police brutality long term.

    Especially when one triggers the other.

  2. @WmJames-rx8go

    July 23, 2026 at 4:18 pm

    Why don't you ever talk about all the crooked deals billionaires make when it comes to paying their taxes. By crooked I don't mean breaking the law. Billionaires work with the politicians to make the law that hurts everybody but them.

    Here's a good example.

    Bill gates and tax dodge using land he bought in the US

    https://youtube.com/shorts/f94DU5ohw4k?is=lIYjPFThr_21u4s2

    Ther rich tell you one story while they're doing something entirely different. You can be sure that whatever they're doing is not for the benefit of you, the little guy!

  3. @BobStrick

    July 23, 2026 at 4:18 pm

    Shutting down the supply chains was all a part of the plan. Govts NEED inflation. The credible threat theory and the cantilliion essays show it. It makes sense if we view it this way. All by design.

  4. @brunol1829

    July 23, 2026 at 4:18 pm

    I do not believe that the people in charge are unaware of what they are doing! Information has been out for a long time and they built the system, we have to stop being naive!

  5. @Tony_Indiana

    July 23, 2026 at 4:18 pm

    Jeff is pretty great. I forget to get my PHD or whatever degrees he has. so I can't prove if he's right. But everything hes said, has been saying makes sense. He's good at explaining it too. Its good to hear POV from people who aren't insane even if they turn out wrong.

  6. @brent1557

    July 23, 2026 at 4:18 pm

    Remember during covid, it wasn't the federal government coming and directly padlocking your doors… it was your local PD. It was your local building health dept officials and other local government employees who were glad to help lock you down.

  7. @cweb1988

    July 23, 2026 at 4:18 pm

    The largest consumer economy losing it's ability to consume.

    Buying any goods and services currently SUCKS. Because everything is ridiculously inflated.

    Of course no-ones buying things…..because the "normal" person is being priced out of buying things.

  8. @L0b0zzx

    July 23, 2026 at 4:18 pm

    Not buying it. Govt deficit will drive inflation in essentials: food, healthcare, energy. Non essentials will see massive demand contraction leading to short term deflation, until stocks are depleted. The lower volumes will allow them to increase prices for the remaining customers I.e the rich. The bottom part of the K will simply no longer buy those products.

  9. @Altruisticdisruptor

    July 23, 2026 at 4:18 pm

    The actual problem is your illiterate about the plan of creation. When everything you took seriously becomes a parody it’s time to question everything. This is a creation story. It’s one of the most anticipated experiences ever imagined by the creator of the universe. We are the first sensory sensual emotional human characters ever imagined by God. Quit with all the problems.

  10. @KHunter90

    July 23, 2026 at 4:18 pm

    Austerity would go over extremely hard in the U.S. because we have been a spoiled nation in the past, used to getting news things, buying homes and cars, taking vacations, eating out, paying for convenience, big weddings, big Christmases. A lot of people are freaking out right now because they aren't used to not having money to spend like we did in the past so they are crying on the internet about being broke, but if we weren't so far into debt with credit cards, car loans and student loans from past spending we wouldn't be so tight on money now with the price increases, myself included. We were used to taking on debt but being able to pay it back, now things are different. So I have buckled down and stopped spending and am actively paying down my debt and saving everything I can, because it doesn't look like there is going to be an easy way out of this and it's not going to get any better.

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