Albuquerque Business Podcast

Most leaders think they're building wealth. Bay Street veteran Paul Musson says the system is quietly stealing it from them—and from future generations. After managing over $15 billion for one of Canada's largest investment firms, Paul pulls back the curtain on how central banks, housing policy, and inflation create fake prosperity, immoral wealth transfers, and a rigged game for emerging leaders. In this episode, we unpack the core ideas from his book "Capital Offence: Why Some Benefit at Your Expense" and translate them into practical leadership and investment wisdom you can use right now. In this conversation, you'll learn: How to spot the difference between real capital creation and fake wealth effects Why central bank policies quietly transfer wealth from the young to the old The crucial distinction between money vs. capital every leader must grasp How housing bubbles destroy opportunity for emerging leaders and entrepreneurs Why inflation acts as a hidden tax on savers, builders, and business