“I don’t see how we make it to the end of Trump’s four-year term without some sort of very extreme debt event,” warns Tom Bilyeu, CEO of Impact Theory. In his conversation with Daniela Cambone, Bilyeu argues that U.S. government, corporate, and individual debt levels are unsustainable. To maintain social and economic stability, he believes the country will be forced to print massive amounts of money—eroding the dollar’s value and widening the wealth gap.

“We’re gonna print, print, print to calm people down because nobody has the discipline to say, ‘Yeah, it’s gonna suck, but it’s gonna suck a lot less than the implosion of the entire economy.’”

Bilyeu also addresses the growing discussion around a “monetary reset,” which he interprets as a debt jubilee—a dramatic cancellation of debts that has historically triggered unrest. “Take your revolutionary pick… whether you like your chaos in the French style or the American Revolution—those are never subtle.”

Watch the full interview to hear why Bilyeu believes economic discipline is no longer politically viable—and what history tells us might come next.

“We’re Already in the Collapse”: Tom Bilyeu on the Coming Debt Jubilee and the End of Easy Money
Featuring Tom Bilyeu on The Daniela Cambone Show – Presented by ITM Trading

When serial entrepreneur and Impact Theory founder Tom Bilyeu joins a conversation about monetary policy, the results are anything but conventional.

In his eye-opening discussion with Daniela Cambone on The Daniela Cambone Show, Bilyeu didn’t just dissect the Federal Reserve’s hidden mechanics—he issued a dire warning: the U.S. is deep into the late stages of economic decline, and a debt jubilee or monetary reset is no longer a fringe theory. It’s the likely outcome.

For ITM Trading’s audience—retirees and savers deeply concerned about the US dollar’s purchasing power, inflation, and economic collapse—this conversation offers both a reality check and a roadmap.

A System Doomed by Its Own Design

Referencing classics like The Creature from Jekyll Island and Ray Dalio’s six-phase debt cycle, Bilyeu made it clear: we are in Phase 5, the “inflate or die” stage. And Phase 6 is collapse.

“We are in a death loop,” he said. “The U.S. government, corporate America, and the average citizen are maxed out on debt—and the only way out is more printing, more inflation, and eventually, revolution.”

As Bilyeu explained, history shows that every empire inflates its currency until it breaks. From Rome to Britain, money printing has always been the temporary fix that causes the long-term downfall.

Why the Fed Can’t Print Its Way Out This Time

Bilyeu warned that unlike in 2008 or 2020, the U.S. is no longer able to mask structural problems with another $10 trillion “stimulus.”

“It’s like drugs,” he said. “You can party hard for a while, but eventually, the overdose comes.”

That overdose, he says, will come in the form of hyperinflation, social unrest, and a growing divide between the asset-owning elite and the debt-saddled majority.

The Debt Jubilee: A Reset Wrapped in Revolution

One of the most shocking takeaways from the interview was Bilyeu’s explanation of a debt jubilee—a biblical term that’s gained traction among financial insiders like Ray Dalio.

Many Americans may think a debt jubilee sounds like a positive event—wiping out debts across the board. But Bilyeu emphasized the devastating reality:

“Debt jubilees don’t happen in calm times. They happen in war, in revolution. They’re born of bloodshed.”

In other words, a true debt reset requires so much pain—financial and social—that citizens are willing to sacrifice wealth just for peace.

Can a Return to Gold Save Us?

Bilyeu agrees that hardening the monetary system is a necessary step—but he’s not convinced the political will exists to do it proactively.

Still, he believes in individual action:

“People need to reharden their money—whether that’s through gold, silver, or Bitcoin. You must hold something that can’t be inflated.”

This echoes the message long delivered by David Morgan, who has warned that gold & silver prices reflect not just market conditions but trust in fiat currencies. And that trust, according to Bilyeu, is vanishing.

Why Most People Still Don’t Get It

Despite the visible economic cracks, Bilyeu believes most Americans are emotionally and educationally unprepared for what’s coming.

“People reason with emotion, not logic,” he said. “You can’t ask someone to understand the mechanics of fiat money when they’re just trying to pay rent.”

Instead of grasping the “Mandrake Mechanism” or monetary history, many fall prey to populist politics—calls for more government programs, higher taxes on the wealthy, and endless money printing.

But these “solutions” only make the system more fragile.

So What Can You Do?

When Daniela asked how individuals can prepare, Bilyeu’s advice was direct:

• Stop saving in dollars: The value is evaporating through inflation.

• Own assets that resist devaluation: Gold, silver, equities, and potentially Bitcoin.

• Be the microcosm: Live within your means, store wealth in non-inflatable forms, and prepare for volatility.

“You may not be able to save the country,” Bilyeu warned. “But you can save yourself.”

At ITM Trading, this has always been our focus—empowering clients to protect their wealth with physical gold and silver, even as the financial system deteriorates.

Final Thoughts and Call to Action

Tom Bilyeu doesn’t sugarcoat it: The train has left the station. Government debt is unsustainable. The monetary system is flawed. And the average American’s purchasing power is vanishing.

The time to protect yourself isn’t after the crash. It’s now.

At ITM Trading, we offer:

• Custom gold and silver portfolio strategies

• Trusted insight from experts like David Morgan and Daniela Cambone

• Educational resources to help you take control of your financial future

👉 Download your free gold & silver strategy report today at DannyReport.com

Because in the next reset, only real assets will survive. Make sure you own them.

THINKING ABOUT PURCHASING GOLD & SILVER? Get expert guidance from our team of analysts with 28+ years of experience. Schedule a free Q&A 👉 SCHEDULE YOUR CALL HERE or call 866-351-4219.

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