Analyzing Finance with Nick

If old money supports the left, what's the reason why new money supports the right? In this video, we delve into why "new money" — individuals who have recently accumulated wealth through entrepreneurship, tech, finance, and other fast-growing industries — often supports right-leaning economic policies. We explore how new money thrives on economic and social volatility, seeing it as an opportunity for greater wealth creation and influence. Unlike old money, which prioritizes stability and preservation, new money embraces deregulation, lower taxes, and policies that encourage market disruption. By examining the psychology and economic interests behind these preferences, we uncover how risk, reward, and ambition shape the political alignment of new wealth.