The Pomp Podcast #1481 Anthony & Polina Pompliano | Bitcoin & Economy Will EXPLODE From Trump Tariffs?!
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Feb 4, 2025 
In this discussion, Polina Pompliano, author and founder of The Profile, joins Anthony Pompliano, a finance expert, to dive into the world of tariffs and their surprising impacts on the economy and Bitcoin. They dissect misconceptions around tariffs, touching on how they can actually protect domestic industries. The duo also explores the emotional dynamics of investors reacting to market volatility and the potential influence of a proposed sovereign wealth fund on Bitcoin's value, hinting at a future where crypto may play a pivotal role in governance.
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Bitcoin's Volatility
- Bitcoin's price volatility makes it a sensitive macro asset, reacting strongly to uncertainty like tariffs.
- These reactions often create buying opportunities for those with a long-term perspective.
The Tariff Myth
- Anthony Pompliano challenges the narrative around Trump's tariffs, arguing free markets are a myth.
- He cites Canada's tariffs on US goods and their subsidized lumber industry as examples of unfair competition.
Shifting Tax Burden
- Tariff revenue declined because it's easier to tax citizens than foreign countries.
- The US shifted from taxing foreign entities to taxing its own people and sending aid abroad.