The Pomp Podcast
#1524 Anthony Pompliano | The TRUTH About Trump’s Tariffs
Apr 7, 2025
A deep dive into the evolution of tariffs in the U.S., revealing their historical impact on today's economy. The discussion highlights how these policies have widened the wealth gap and affected the working class. Insights into market trends offer a glimpse of how changes in borrowing costs could alleviate some financial struggles. The episode blends economic analysis with relatable narratives, making the complex world of tariffs engaging and understandable.
25:25
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Quick takeaways
- The economic divide in the U.S. fuels populist movements, highlighting the urgent need for policies to support the working class.
- Tariffs are proposed as a tool to protect domestic industries, incentivize job creation, and enhance long-term economic stability amidst current fears.
Deep dives
Economic Disparities and Populism
The growing economic divide in the United States highlights a stark contrast between the wealthy and the working class. Approximately 50% of Americans possess no investable assets, leaving them vulnerable as the dollar loses purchasing power. This disparity is illustrated by a record number of food bank users even while many affluent Americans travel abroad for vacation. In response to these feelings of discontent, populist movements, like that of President Trump's, emerge to strive for policies aimed at addressing the needs of the working class.
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