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  1. Tom Bilyeu's Impact Theory
  2. The Epstein Files: Missing Evidence, Free Speech Under Attack, & The Retail Investing Frenzy | Tom Bilyeu Show Live
The Epstein Files: Missing Evidence, Free Speech Under Attack, & The Retail Investing Frenzy | Tom Bilyeu Show Live

The Epstein Files: Missing Evidence, Free Speech Under Attack, & The Retail Investing Frenzy | Tom Bilyeu Show Live

Tom Bilyeu's Impact Theory · Feb 18, 2026

The Epstein files fallout, Spain's attack on free speech, and a record retail investing frenzy signal a volatile, high-stakes global moment.

Governments Justify Censorship By Suppressing "Malinformation"—Damaging but True Facts

The concept of "malinformation" reveals that governments aim to control not just lies, but also truths they deem too upsetting or disruptive for the public to know, creating a dangerous precedent for censorship.

The Epstein Files: Missing Evidence, Free Speech Under Attack, & The Retail Investing Frenzy | Tom Bilyeu Show Live thumbnail

The Epstein Files: Missing Evidence, Free Speech Under Attack, & The Retail Investing Frenzy | Tom Bilyeu Show Live

Tom Bilyeu's Impact Theory·a day ago

Trump's Epstein File Strategy Backfired by Underestimating Online Sleuths

Trump likely believed releasing a massive document dump would overwhelm and bore the public, a tactic that failed in an era of persistent online analysis by a motivated, unemployed populace.

The Epstein Files: Missing Evidence, Free Speech Under Attack, & The Retail Investing Frenzy | Tom Bilyeu Show Live thumbnail

The Epstein Files: Missing Evidence, Free Speech Under Attack, & The Retail Investing Frenzy | Tom Bilyeu Show Live

Tom Bilyeu's Impact Theory·a day ago

Suppressing Speech Creates a "Deranged Culture" by Breaking Our Psychological Feedback Loop

Humans are "the shout and the echo"; we require external feedback to process ideas. Censorship breaks this fundamental psychological process, preventing people from thinking clearly and leading to societal insanity.

The Epstein Files: Missing Evidence, Free Speech Under Attack, & The Retail Investing Frenzy | Tom Bilyeu Show Live thumbnail

The Epstein Files: Missing Evidence, Free Speech Under Attack, & The Retail Investing Frenzy | Tom Bilyeu Show Live

Tom Bilyeu's Impact Theory·a day ago

Politicians Only Speak Freely When They Stop Seeking Re-election

As seen with Marjorie Taylor Greene, a politician's persona can change dramatically when they are no longer trying to gain or retain power. This brief period offers a rare glimpse of their actual thoughts.

The Epstein Files: Missing Evidence, Free Speech Under Attack, & The Retail Investing Frenzy | Tom Bilyeu Show Live thumbnail

The Epstein Files: Missing Evidence, Free Speech Under Attack, & The Retail Investing Frenzy | Tom Bilyeu Show Live

Tom Bilyeu's Impact Theory·a day ago

A $16M Pokemon Card Sale Signals a Dangerous, High-Risk Economic Bubble

When vast sums of money flood speculative, non-traditional assets like a Pokemon card, it serves as an alarm bell. It indicates the market is in a euphoric "ultra risk-on" phase, often preceding a crash.

The Epstein Files: Missing Evidence, Free Speech Under Attack, & The Retail Investing Frenzy | Tom Bilyeu Show Live thumbnail

The Epstein Files: Missing Evidence, Free Speech Under Attack, & The Retail Investing Frenzy | Tom Bilyeu Show Live

Tom Bilyeu's Impact Theory·a day ago

The "Death Star" Future Involves War as a Mechanism for a Debt Reset

One grim potential future involves escalating global conflict. The immense human and emotional toll of war would create the political will for a "great taking" and a total debt reset, as survivors prioritize stability over financial obligations.

The Epstein Files: Missing Evidence, Free Speech Under Attack, & The Retail Investing Frenzy | Tom Bilyeu Show Live thumbnail

The Epstein Files: Missing Evidence, Free Speech Under Attack, & The Retail Investing Frenzy | Tom Bilyeu Show Live

Tom Bilyeu's Impact Theory·a day ago

Retail Investors Now Drive Markets, Accounting for up to 25% of Daily Trading Volume

Once dismissed as "dumb money," the flood of retail investors now accounts for a significant portion of daily equity trading. Their collective action, like consistently "buying the dip," has become a primary force moving markets.

The Epstein Files: Missing Evidence, Free Speech Under Attack, & The Retail Investing Frenzy | Tom Bilyeu Show Live thumbnail

The Epstein Files: Missing Evidence, Free Speech Under Attack, & The Retail Investing Frenzy | Tom Bilyeu Show Live

Tom Bilyeu's Impact Theory·a day ago

Information Vacuums from Government Secrecy Empower Citizen Investigators

When authorities like the DOJ cease releasing information on the Epstein case, they create a vacuum. This void is immediately filled by the public, who use available tools to build timelines, identify missing pieces, and generate theories, eroding trust further.

The Epstein Files: Missing Evidence, Free Speech Under Attack, & The Retail Investing Frenzy | Tom Bilyeu Show Live thumbnail

The Epstein Files: Missing Evidence, Free Speech Under Attack, & The Retail Investing Frenzy | Tom Bilyeu Show Live

Tom Bilyeu's Impact Theory·a day ago

A Proposed Framework for Free Speech: Absolute for Citizens, Revocable for Non-Citizens

A hardline stance on free speech suggests different rules based on citizenship. While citizens should be able to advocate for any political ideology, non-citizens on visas who attack the nation's core values should have their status revoked.

The Epstein Files: Missing Evidence, Free Speech Under Attack, & The Retail Investing Frenzy | Tom Bilyeu Show Live thumbnail

The Epstein Files: Missing Evidence, Free Speech Under Attack, & The Retail Investing Frenzy | Tom Bilyeu Show Live

Tom Bilyeu's Impact Theory·a day ago

Spain's Social Media Law is a Targeted Attack on Elon Musk's X

Spain's proposed law making CEOs criminally responsible for platform content is not a broad policy move. It is viewed as a specific effort to control X, the only major social platform that hasn't "bent the knee" to government censorship demands.

The Epstein Files: Missing Evidence, Free Speech Under Attack, & The Retail Investing Frenzy | Tom Bilyeu Show Live thumbnail

The Epstein Files: Missing Evidence, Free Speech Under Attack, & The Retail Investing Frenzy | Tom Bilyeu Show Live

Tom Bilyeu's Impact Theory·a day ago