The Pomp Podcast #1524 Anthony Pompliano | The TRUTH About Trump’s Tariffs
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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.
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The Two Americas
- A divergence exists between those who hold investment assets and the working class.
- Increased national debt devalues the dollar, benefiting asset holders while hurting those with only cash savings.
Wealth Disparity
- In 2024, record numbers of Americans vacationed in Europe while also relying on food banks.
- This illustrates the stark contrast between wealthy Americans and those struggling financially.
Trump's Populism
- Trump's appeal stems from addressing the working class's feeling of being left behind.
- He aims to reset global trade, claiming some countries are getting a better deal than the US.
