What is New Capitalism?
Robert shares his experience during a critical moment in history:
“On August 9 and 10, 2007, while investors were losing billions of dollars, the U.S. Federal Reserve was pumping billions into the banking system. They were trying to stop the panic spreading through the real estate, stock, and bond markets.”
He explains that this situation shows how new capitalism works:
“It’s an economic system that relies heavily on debt and is controlled by central banks manipulating the global money supply.”
Robert was invited to speak about this on several TV and radio shows. The hosts wanted his opinion on the Federal Reserve’s actions, including injecting money into a failing market.
His response was clear: “I don’t like central banks manipulating markets. I don’t think the government should rescue rich hedge funds and financial institutions from their own greedy mistakes.”
When asked if he was still investing during the market crash, Robert confidently said, “Yes.”
And when asked if he thought it was risky, he replied, “There is always risk.” He added:
“The ups and downs of the market don’t change why I invest or what I invest in.”
He mentioned that many people felt both scared and excited about buying more property. To explain this, he used two key ideas: control and leverage.
The game of money changed forever after 1971 and 1974. New rules, new capitalism—it's a whole new playbook.
The new capitalism traps millions of workers' money in investments where they have little control or power to grow their wealth.
Has the market been on a long-term decline?
