The American Dream is a Terrible Thing to Waste with Francisco Gonzalez (WiM535)

The "What is Money?" Show

Robert Breedlove

Bitcoin, Breedlove, What Is Money, Investing, Rabbit Hole, Cryptocurrency, Money, Finance, Education, Robert Breedlove, History

4.8 • 710 Ratings

🗓️ 29 November 2024

⏱️ 101 minutes

🔗️ Recording | iTunes | RSS

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Summary

Francisco Gonzalez joins me to discuss his book “The American Dream Is A Terrible Thing To Waste,” how the American dream is under assault, money and big government, the importance and challenges of entrepreneurship, how parents can instill an entrepreneurial spirit in their children, and if we can reclaim the American dream. Francisco Gonzalez is the author of “The American Dream Is A Terrible Thing To Waste,” executive director of the Economic Club of Miami, and host of the “Agents of Innovation” podcast.

Transcript

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0:00.0	You write that the American dream is under assault. What you think has gone wrong.
0:04.6	There's a lot of anxiety right now among Americans. When your housing costs are so high, your food
0:10.2	cost are so high, your paycheck's not rising that fast. We've now encoded violations of private
0:15.3	property directly into the law. Why do we care about the two people running for president so much
0:19.8	because so much money is involved?
0:21.4	If that framework is centralized, they can use that wealth and power to actually bend the law to their favor.
0:27.1	Is there any saving the American dream without fixing the money printing problem?
0:31.3	Everybody has fear. It is a natural human instinct.
0:34.6	But it's how you choose to respond to it that actually defines you.
0:39.3	What were the great sound foundations of Western civilization that made all these great innovations
0:44.3	possible?
0:45.3	King James Bible is at the bottom of a lot of these principles in Western civilization.
0:48.3	I think the greatest thing about the U.S. Constitution is the separation of powers.
0:53.3	But we've started decentralized,
0:55.2	and now we need to figure out a way to re-decentralize.
0:58.3	I like, maybe we should rename D-USA,
1:00.2	decentralized United States.
1:01.5	Still united, but decentralized.
1:03.3	Exactly.
1:09.7	We should just start with the opening line of your book, your book, which is,
1:14.7	The American Dream is a terrible thing to waste.
1:18.7	The opening line to your book, you write that the American dream is under assault.
	...

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