#1415 Anthony & Polina Pompliano | The Fed Will Make Bitcoin & Stocks Skyrocket!

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.8 • 1.9K Ratings

🗓️ 1 October 2024

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Polina Pompliano, Author of ‘Hidden Genius’ and Founder of The Profile, and Anthony Pompliano, Author of ‘How To Live An Extraordinary Life’ and CEO of Professional Capital Management, discuss why Jerome Powell can’t stop cutting interest rates, all-time high number of US citizens dependent on government aid, using bitcoin to pay your taxes, and what will happen when cheap capital floods the market.

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Pomp writes a daily letter to over 265,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/

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Transcript

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0:00.0	What's up, everyone? This is Anthony Pompliano. Many of you know me as Pomp. You're listening to the Pomp
0:07.7	podcast, which is my effort to find the most interesting people in the world and sit with them for hours while I ask questions in an effort to learn. So it would mean the world to me if you would subscribe to the show on your favorite audio platform, watch episodes on YouTube,
0:21.1	and tell your friends and family about the podcast. My goal is to help millions learn from the
0:26.5	world's most interesting people. So let's get into today's episode. What's up, guys? We've got a
0:31.6	great episode for you today with Polita Popliano. Today we talk about Jerome Powell cutting interest rates
0:35.9	and how he can't stop. He's going to only keep continuing.
0:39.3	On top of that, we then get into why the number of U.S. citizens dependent on government aid has skyrocketed to a new all-time high.
0:46.8	Wait until you see the chart and the data we have is going to blow your mind.
0:49.6	We then get into how dumb of an idea it is for you to pay Bitcoin for your taxes and why politicians
0:55.2	keep suggesting this, but I wouldn't be so quick to believe what they're saying. And then lastly,
1:00.0	we finish up with cheap capital. What's going to happen when all of this capital comes flying
1:04.4	into the market, asset prices, interest rates, et cetera? We got lots of information for you.
1:09.2	And there's one little Easter egg that I left
1:10.9	in the episode for you, which is, I've got a clever idea as to how we can stop government spending.
1:16.0	The politicians won't like it, but you're sitting at home, I think you're going to like it.
1:19.4	And so once you find that Easter egg, you hear my idea on how we can cut down government spending.
1:23.5	Leave a comment. Let me know what you think, whether you agree with it or you don't. Here is my latest conversation with Polina Pompleano. Anthony Pompleano runs Pomp investments. All views of him and the
1:34.2	guest on his podcast are surely their opinions and do not reflect the opinions of Pomp investments.
1:39.3	You should not treat any opinion expressed by Pomp or his guest as a specific inducement to make a particular
1:45.0	investment or follow a particular strategy, but only as an expression of his personal opinion.
1:50.3	This podcast is for informational purposes only.
1:53.5	Today's episode is brought to you by Gemini. Gemini is a fantastic platform. How do I know?
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