Anthony Pompliano: Tariffs Will Boost American Workers and Grow Economy Despite Global Backlash
Apr 8, 2025
auto_awesome
Anthony Pompliano, founder of Professional Capital Management, dives into the controversial topic of tariffs, arguing they could benefit American workers in the long run. He discusses the stark divide between the ultra-wealthy and struggling citizens while questioning if Trump’s tariff execution is effective. Pomp forecasts soaring stocks and Bitcoin in 2025 and challenges the notion that high tariffs can coexist with the U.S. being the global reserve currency. He also emphasizes the need for reshoring manufacturing and vertical integration to bolster the economy.
Anthony Pompliano argues that tariffs could positively impact American workers by reshaping the economic landscape and protecting local manufacturers.
The podcast highlights the growing divide between the ultra-wealthy and struggling Americans, illustrating the pressing need to address these disparities.
Pomp forecasts potential all-time highs for stocks and Bitcoin by 2025, suggesting a significant shift in the economic paradigm for investments.
Deep dives
The Two Americas: Economic Divide
The discussion highlights the stark economic divide between two distinct populations in America. One group has prospered significantly over the last 50 years from stock market gains and monetary policies, while the other has seen worsening financial conditions, including increased reliance on food banks. This polarization is illustrated by contrasting indicators: a record number of Americans vacationing abroad versus the surging dependence on food assistance services. Recognizing these two perspectives is crucial for addressing the unique challenges faced by the working class.
Impact of Tariffs on the Economy
Tariffs are presented as a strategic tool aimed at reshaping the economic landscape by increasing government revenue and rescaling manufacturing within the U.S. The approach encourages foreign producers to consider relocating operations domestically, which could create American jobs and protect local manufacturers from unfair global competition. While there is skepticism about the immediate effectiveness of current tariffs, the overall goal is framed as necessary for building a more robust industrial base that could benefit future generations. The conversation emphasizes that tariffs, when properly implemented, could address past economic imbalances caused by globalization.
Political Dynamics and Trade Policies
Shifts in political party ideologies are noted, particularly how both parties have moved in ways that reflect working-class concerns. The success of populism, seen in recent elections, reveals a growing electorate of disillusioned workers who have rallied around candidates promising to challenge traditional economic structures. This aligns with a broader narrative of discontent among those who feel left behind by policy choices prioritizing elites over the general populace. The interplay of politics and tariffs showcases the evolving landscape of American governance where populist sentiments can drive major policy decisions.
Long-term Vision vs. Short-term Challenges
The conversation contrasts the long-term goals of tariff strategies against the short-term pain they impose on many Americans. While tariffs are intended to create a more equitable economic environment, they can lead to immediate financial hardship, particularly for those in the working class not benefiting from market fluctuations. The speaker acknowledges the difficulty of navigating these changes and emphasizes the necessity of patience as the economy adjusts to a new paradigm. There is an underlying belief that sound strategy now could lead to substantial benefits later, improving conditions for the American worker.
Cryptocurrency's Relationship with Traditional Markets
The potential for Bitcoin and other cryptocurrencies to decouple from traditional markets is analyzed, particularly in the context of widespread economic changes. Currently, Bitcoin's correlation with stocks is high, reflecting the investment behaviors of individuals who hold both assets. As more institutional money enters the cryptocurrency space, the expectation is that Bitcoin will increasingly be viewed as an alternative investment rather than a direct correlation to stock performance. This evolving relationship indicates a growing maturity within the crypto market, highlighting its eventual role in a more diversified financial system.
In this episode with Anthony Pompliano "Pomp", we discuss:
Why Pomp sees tariffs as a positive, especially long term for working class Americans
The problem of two Americas: the ultra wealthy and those struggling to get by
Is Trump executing the tariffs the right way?
Pomp forecasts all-time highs in stocks and Bitcoin later in 2025
Can we have high tariffs, re-shore manufacturing AND be global reserve currency? Natalie expresses doubt on this theory
----
Guest Bio: Anthony Pompliano is the Founder & CEO of Professional Capital Management. He is an entrepreneur, investor, and host of From of Desk of Anthony Pompliano on X. Order his first book, 'How to Live an Extraordinary Life': https://t.co/WCHpGWSGVH
----
Coin Stories is brought to you by lead sponsor Genius Group (NYSE American $GNS). Genius is a Bitcoin-first business delivering AI-powered education and acceleration solutions for the future of work. Learn more and enter for a chance to win a whale pass to Bitcoin 2025 in Las Vegas: https://www.geniusgroup.ai/coinstories
----
Bitwise has over $10B in client assets, 32 investment products, and a team of 100+ employees across the U.S. and Europe, all solely focused on Bitcoin and digital assets since 2017. Learn more at https://www.bitwiseinvestments.com
----
Natalie’s Bitcoin Product and Event Links:
Secure your Bitcoin with collaborative custody and set up your inheritance plan with Casa: https://www.casa.io/natalie
For easy, low-cost, instant Bitcoin payments, I use Speed Lightning Wallet. Get 5000 sats when you download using this link and promo code COINSTORIES10: https://www.speed.app/sweepstakes-promocode/
Protect yourself from SIM Swaps that can hack your accounts and steal your Bitcoin. Join America’s most secure mobile service, trusted by CEOs, VIPs and top corporations: https://www.efani.com/natalie