Teaching Ownership Over Consumerism

We have a society of people that we have failed to show them how

important free

enterprise is. In our country, the reason kids are suffering

is we have not

taught them any history, and they're all consumers.

Listen, if, if you have a Apple phone, which most people have an

iPhone, a large number of people do, say, "How many of these did you buy?" I, I

showed some kids the other day. Here's what it would...

If you bought every iPhone, it came to, like, it was, like, $22,000.

If you would've taken the same amount of money you spent on the iPhone and you

became an owner instead of a consumer, you bought the stock of Apple for the same

price as that phone at that time, I showed them exactly what it is,

you'd have

$331,000 right now. It's not an economic

problem. It's that you're a consumer, not an owner,

and we need to teach people to

be owners. And so we-

End of transcript · 167 words

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