#1433 Anthony & Polina Pompliano | Bitcoin All-Time High As Trump Wins Election!
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Whats up, everyone? This is an any pupa o many of you know me is pump. You are listening to the pump podcast, which is my effort to find the most interesting people in the world and sit with them for hours.

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Let's go on, guys. Today, we've a very special episode for you. IT is with pola yano. And we go deep on the twenty four election. We talk about Donald trump's decisive Victory.

Why was a landslide? How I knew that was coming, what that means for your investment portfolio, including stocks, big coin, much more. Then we talk about the republican democratic parties, how they've been evolving, what our predictions are for the next four years under a trump presidency.

And then we even get in the details like J. D. Vance, elon musk and much more.

What we are watching is a historic Victory for downal trump, probably when the grades come back in pod al history. But there are massive ramifications, access, society, economic. And we try on t as much.

Again, i'm an independent and so as plana, regardless of how you voted, we are simply trying to understand where the world is going and how will impact us, our portfolio and all of you as well. So i'd love feedback if you agree with something. If you disagree with something, please let us know comments.

The more that you give us feedback, the Better the show becomes. And so here's my latest conversation with pOlina plano. Anthony y pumpin. O runs pump investments. All views of him and the guest on his podcast are surely their opinions and do not reflect the opinions of our investments.

You should not treat any opinion expressed by pop or his gas as a specific inducement to make a particular investment or follow a particular charity, but only as an expression of his personal opinion. This podcast is for informational purposes only. Today's episode is brought to you by poke ot.

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first topic. Man, today, today, an explosive one. Uh, what is your initial reaction to the trump Victory?

Donald trump, one in a landslide, exactly as I predicted. And I think that the american people have sent Donald tromp back to the White house with a Mandate. They want lower inflation.

They want more home affordability. They want secure borders. They want to feel safe in their own cities. They want to understand that the president of the united states working for them, not against them.

They don't want us engaging in foreign wars, and they want to a feel like america's future is much brighter than its past. And it's very clear, I continue to talk about this. Americans want to feel safe.

They want to feel strong and they want economic opportunity. And whether you like Donald trump or you don't IT is very clear that most people were Better off from twenty twenty then. They weren't twenty twenty to twenty twenty four.

Whether that is policy related or not. Donald trump s has come back to the White house because there's a lot of people that say, I want that guy. And what is most interesting to me is that the democrat party, they made the fatal mistake.

The original thing, if you are competing for something and you spend more time talking about your competitor than you do talking about yourself, people sense weakness. They can smell the fear in the air. Polls lie. Vibes don't lie.

And so that's what really drove of my understanding that this was going to be A I did not think that Donald trump would be able to pull off a win in the house, the senate, the popular vote, any electoral vote, but I told my brother two days ago, I think this is gonna be such a landslide that he may be able to win the popular vote. And john was like, there's no way that's insane. And he talked me off the ledge.

I believe a republican has not won the popular vote in the last twenty years.

but we have to go back and understand why are people going towards a candidate who's not a politician? He's an outsider who's been highly disruptive. There is one, the policies. A lot of these policies are common sense policies.

How in the world is that the united states runs a two trillion dollar annual deficit, but american citizens are paying up to fifty five percent of their annual income to the government tax or seats keep going up, but they keep spending more, that is. And the american people just Mandated dona tram to go there to cut spending and to cut taxes. Stop taking so much of our money and stop wasting so much of our money.

Then they look at and say, why are we sending hundreds of billions of dollars to foreign wars they were not involved in? If we want to help our allies, then other country should also be helping. But if the united states is going to try to play police on a global basis, IT is going to try to have a highly regulatory uh, environment domestically around housing, energy and other places.

We're going to open up the border and let millions of people who have no clue who they are walk into our country. IT is death by a thousand cuts. We just keep getting slice and slice and slice, spending that control, and there is no plan to stop in.

And so the american people went to the ballot box last night and they said enough, and they didn't just say enough. They yield enough. And I think that the democrat party is the single best thing that could happen to them, because this is onna cause them to go on reset.

Who are the Young stars? The democrat party? We don't know who they are. Who are the people who are polling independent voters over to the democrat party? I don't see.

And so the republican party, which now constitutes Donald trump, j events, elon mosque, dino wei, R F, K. Tosi, Gabriel denna, Patrick, just go down the line. They have built a team of the adventure of all of these people who have unique thoughts about where should the country go.

Amazing me. I was watching. Podcast episode and uh joe was saying something like, you know I just can't believe what has happened to the democratic party IT used to be common sense right um and elon said, joe, you and I used to be democrats like you forget that all these people were actually more they leaned left and the republicans have somehow pulled a lot of them.

I actually think L I, that the left went so far left that they just the republicans and pull them over. These people were politically homeless. Don't identify with this far left stuff, and I don't actually think of myself as a hard core republican. I just feel like I am center, center left, center right, whatever kind of have common sense. I don't want any extremism in my views or implemented in the country, in republican party, actually move towards the center.

And so one of the things that a lot of folks that I continue to talk with, and when I say vibes don't lie, my greatest advantage, being able to predict landslide pa, Donald trump over pole stars or anybody else, is that I talk to, a lot of people. I talk to rich people. I talk to poor people.

I talk to people outside the united states. I talk to people in the united states. I talk people that run companies. I talk to people that work at companies. I talk people who invest, and I talk people who don't invest, and I talk to hundreds of people.

And you could easily tell that there was a lot of closet trump supporters that were gonna ross over, over, over Donald trump. But also, what you could tell is there was a lot of people saying, this is insane. What has been being done because if you look at things like home affordability, if you don't build more houses, home Prices don't come down.

It's very simple. And instead of saying here is how we are going to deregulate the housing industry and we are going to go and build millions and millions of homes, you have policies being presented from the left. That was, we are going to give twenty five thousand dollars for home, first time home purchase.

That is economic illiteracy, also known as stupidity. Because if you give twenty five thousand dollars out to people to go buy a home, all home Prices go by twenty five. You made IT more unaffordable.

Then if you go, when you look at things like boys playing in women sports, highly controversial in the media, it's not controversial for the common sense america. When people go behind close doors, when people go to the local bar, when they go to hang out with their friends, they say, this is insane. And then they went to the ballot box and they said, no one knows, but i'm a vote.

And some of the votes star counting. Texas is probably the most mind blowing data point that we what happened? Star county is in the southern part of texas, ninety six percent last ovo ninety six percent. Donald trump in twenty sixteen lost star county by sixty points.

Yeah, sixty.

That is a blowout that you cannot recover from. Donald trump one last night, star county by sixteen points in eight years. IT is a seventy six point swing in a county with ninety six percent latinos. You know why? Because latinos, immigrants, black in other groups that everyone wants to try to put their identity politics on to. They probably walk in the ballot boxes based on all of the antic data that I have in the results we saw last night and say i'm boating for the authentic guy, boating for the guy where I know where I stand with.

But in hold on the side, I I, I wanted like highlight, what do you think changed in those eight years? Because like you said, like he asked that county, but now he won.

What I don't think people took down trump s serious ly in two thousand sixteen, and I think that he was very easy for them to yell and scream he's racist. He's whatever. Yeah, right.

I do think that now the internet, elon mosque buying twitter and podcast completely broke this thing open. And the internet called the block of the mainstream media. Remember, we are talking about people saying the Donald trump was holding .

a nac rally .

at a wow. There are israeli flags hanging in the building. There are jewish people speaking on stage. And so the american people are not stupid. You can fill them one time. But what they did last night is they basically went into the mainstream, went to those, uh, voting booth, and they give middle finger to the main.

Do remember what you told me a few days before the election, you said if camera wins, then I think that the mainstream media still is like very dominant. And I think we saw .

if ma haris said one IT means that the mainstream media has more influenced the internet. But if the opposite happens, the internet now has more power than the media is.

Hard to know if you're living in a bubble, right, like ron twitter or all reading this stuff. It's hard to know if that microcosm of what people feel, but I think last night .

proved that is not the mainstream media was gas lighting the american people.

I OK because I thought that people knew this was a lie, but I think people believed that he is totally OK.

I don't know, why should we ever listen? That's the question now is no longer, baby, they are right. Baby, they are wrong.

IT is to the point where they are activist. I am a pretty reserved person, right? I don't like to kind of jump to conclusions.

I don't like extremism ETC. I have many friends for years that have been saying this. And i've always said, given the benefit, the doubt is a hard job.

As such, I still believe those things to be true. I still think that being a journalist is a very difficult job. I have many friends who are journalist, I think do a good job, but there are a number of journalists that I also know. They're foolish IT there .

just activist mass grating as journalists. But how long? And I think to your point, that this is gonna make the democratic party reset.

I I think the same is going to happen with big legacy media organza because this is a big for them. This is huge, huge, huge. They are walk .

around with the l tattoo de on their forehead right now.

No, but it's just like I think IT worked in twenty, sixty or in twenty and twenty and then they were caught flat foot in twenty sixteen, works in twenty twenty and now IT was like saying the fashion and saying saying that not he think throwing out these big, big words still didn't sway people. And I think that that loss and that like defining of the american people of, like, I cannot listen to any more of this. I I know the facts.

I think he was desperation. And the more they lashed out, the less that the american people believe them, they could sniff the desperation. You cannot fool the american people more than once.

On top of that, what I think is always telling. If you spend more time talking about your opponent, then you do talk about own policies. They smell fear. And that's what I was. Vibes, don't lie.

And so on top of that, I think that the other things that we have to talk about j events is the classic american story, right? This guy who has been attacked non stop in the media should be held on a pedestal for every american to see. Anything is possible in this country.

He was born to a drug edit in a alesia, an area of the country that is basically forgotten by the coastal elites, severe poverty. He lived in poverty. He served in the marine core.

He deployed overseas in defense of his country. He came back and use the G. I.

Bill to go to college. He graduates from yale law school. He then helps to fund companies in america. He built his own company.

He writes a best selling book, talking about the people that he grew up with and why their plate, their struggles, misunderstood. And then he becomes the vice president in united states, the third Youngest vice president in history. Anything is possible in this country, but we need free speech. We need the right to defend ourselves, we need to be left alone by the government, and we need to believe that the future is going to be Better than the past.

And I do think that the biggest attack on jd is, oh, you used to be never trumper right like you used to in twenty sixteen, I believe. He said that trump was dangerous and and whatever he said then, he shifted and changed his mind. I don't understand in this country why we call these people flip loppers and we attacked them where you could be like wall.

Why did you change your perspective if you get your information? How did you know your your mindset change around this? And I think that that actually really interesting. And IT says something about fractional al trump, about being able to convert some of his political Donald .

trump completed the heroes journey. Donald trump went. He became president.

surprised. He then was persecuted by everybody. He was persecuted by the media.

He was persecuted by his opponents. He was persecuted by the people inside of his own administration. He was under attack from every single angle. And I would argue he was unprepared, and he fell. Think about twenty, twenty.

How many people were upset with Donald trump? And his views and his thoughts and his policies is handling and a ve, all these things they had him. But the heroes journey means you stage to come back.

And if you look at what Donald trump is able to do over the last eighteen months, he pretended most of his enemies. Megan Kelly went on stage with Donald d. Trump and said, i'm voting for this man. If people don't remember, Megan Kelly is the one who asked him the tough question in the debate and two, twenty sixteen and he got score by the trump supporters and by trump himself and he would wake up and just tweet chaos at her every day, just attack your day after day after day after day. I have listened to her talk in podcast about she's like my life got turned upside down and people coming up to me in the street we to get security IT was insane to now the heroes journey is he befriends all those, uh.

enemy. Now people would say that he befriend them. Or did they want to align themselves with him because of either fear of retribution or they just want a clout of some sort?

We will never know. But what we do know is that that heroes jury gets completed sometimes come back to the White house, Grace, come back of, uh, a political history in the united states. Here's why this is important.

I don't actually enjoy talking about politics that much, but the vibe shift that is happening in politics feel different. Has a complete an other impact across society, both investing and also what's gonna en now. So there's two things that I think you're really important.

Elon musk, who we recently learned is a top twenty player in the world in delo. Who also is running tesla space ex twitter neural link. The boring company is etra X A I.

He not only put his money worse mouth was, he also went to work. And so he went to pensylvania. And he figured out in iron fashion, what are the one or two levels that I can pull that are going to actually deliver pennsylvania for Donald trump? IT worked.

What did he do?

He gave away a million dollars per day. And a lot of people who say it's illegal, a judge said, no. What's not to basically have people sign up for a petition at the amErica pack that says, I support the U.

S. Constitution, send a message to washington. The constitution is .

still important in an environment that .

in an environment there, multiple people on the left who have recently talked about the fact that the first amendment is in their way. Tim walls said on the debate stage that the first ammen doesn't apply to this information or misinformation. You're wrong. IT does because you don't get to decide what is this information. I think .

before you run for president, you are required to take like a just one, one, one class go. yeah.

And so just IT goes back to this idea of american people. They saw both cases, and this was decisive. Now the other thing that you on ted is ill on, basically, along with trump in the campaign, learned from the democrats party.

So one of most fascinating of politics to me is the marketing. There are two campaigns are competing with each other for attention, elan, musk, trump and the trap ministration. They got out the vote.

They went the omas vote. Incredibly important. People forget that the omi have been been persecuted by the U. S. Government because they're doing things with the milk, which sounds insane.

But imagine if your a former, you've been forming the same way you, the generations and generations, you're not bother than anyone. And the U. S.

Government showed up and says, you can do that. You think you're gna like them? Of course not. And so they claim that a hundred fifty thousand almost people went to vote in pensylvania. That usually wouldn't te big deal.

The second thing that they did is they went, they actually provided, uh, transportation for people to get to the voting booth. So democrats orka. D.

D. A great job of this is not illegal, no problem. That actually, I would argue that if you're help people vote is a .

good thing providing transportation.

But republicans usually don't do that. So they've learned from the ground game of the democrats, vice versa. I have never once seen a hat in any city in amErica for a democrat candidate.

Until this past weekend, I saw multiple hairs, walls, heads walking around the york city marathon. And I said to myself, they learned from trump. So both parties are looking at together party and say, what works? How do I actually use this to my advances, which is what you want? A competition, right? You're suppose getting Better.

Suppose be trying to find the edge. My my competitor has an edge there. Let me try to replicate that for myself. So think that is a very interesting thing. Now one other thing that I want to talk about around the politics in particular, is that as a country, we now have a choice. We can continue to get hold further, further apart from A A divisive standpoint.

And one side can keep yelling and screaming and saying that the trump supporters are garbage, that their racist, the method ism or whatever yeah and the trump supporters can yell, scream at the other side and say, you're stupid, your woke or whatever. Or collectively, we can all decide we literally are a stronger country. When we work together in unity, I and try to come together and say, we got big problems on the horizon. We gotta fix this stuff. Or literally, our children will grow up in a world where IT is harder, IT is more expensive and IT is not as good .

as we have right now. I gotta say a IT the vives you feel different from twenty, sixteen and twenty um and I follow a number of different people on social media. I saw one, a woman who is on a reality T.

V show that does not matter, but he is very, very left, very left. But I was surprised by her reaction to Donald trumps win because I thought you would be like, how could this happen? We live in but was SHE, SHE said.

He came on video and he said, guys, whether you like IT or not, we're all in this together so we can yell and scream that whatever, but more than half the country voted for him. So we have to kind of come together and and figure that out. And I think, like I hope that that the sentiment, instead of the trump voters are garbage or whatever.

I think is an important point. There's two people that I want to call out and give them quoters, mark cuban and antique musee. Both of them campaign very, very hard for hair. Both of them were very critical of Donald trump. You would expect them to be sore losers. The competitive people I saw, both mark cuban and anta care muji both tweet I think mark used the word saying trump one fair square I think scared mushy said something to the fact that you trump er in a good campaign let's go let's .

move forward and said congress on a trump h one fair square congress to elon mux as well hah god speed.

And so if you look at people like that, you may not like them. You may not agree with their politics, but respective ves do. When somebody says I wanted us to happen, IT didn't happen, but i'm still going to participate.

I'm still going to be supportive, congratulate the competitor and move on. It's a mature thing to do. It's a sophisticated thing to do and what we need more of in this country.

So have another point that now that the elections over I can talk about, I take the stance usually I don't like talking about politics in general. I also don't think that is my responsibility or my place to try to sway other people, people. So the landslide prediction came true, as I talked about in private with many friends, is pretty obvious to me.

This can be a big one for him. There's another thing that now that the election is over, we can talk about because we got two or four years to take a look at IT, to fix IT before we get there. The election system in amErica is broken.

We must fix IT. If we want safe, secure and fair elections, we have to make a lot of improvements. And okay, which do you vote for? If you go into the ballot box and you do not have confidence that your vote is gonna be counted or that the people are supposed to be voting or voting.

that's a big problem. I had a problem with the machine.

I'm going to, i'm going to give you, i'm going to give you three different examples of what i'm talking about. There is a kid who is a student at the university of michigan. He is a chinese national.

He voted in the election. How do we know this? Because they realized you are not A U.

S. Citizen, but you voted. That is illegal. So the authorities came and said, hey, you're not supposed to do that.

Will find out whatever happens to that guy. The problem is that he already submitted his vote, right? Once he submitted his vote, they cannot go and find his vote and take IT out circulation. So a guy that we know that you legally voted, his vote still counted. Now again, this is one thing is an anecdote are not saying is widespread by any meat.

But obviously we need to figure out a system where if somebody votes that is not supposed to vote, we should be able to recapture that or take IT out of account because people need have confidence. Now there's good reason why once you put your vote in, somebody can go and say what so against a complex thing. But when you hear a story of somebody voted who wasn't supposed to vote and vote counts, even though we know that they are not supposed to vote.

Big problem. The second thing is there is a lot of stupid rules in the voting system. For example, in new york on the ballot, commoner hairs, Donald trump, Donald trump, a second time kala.

Here is the second time there was four different candidates, but there was really only two people. And so when you go into the balloon box, if you bubble in one of them, your vote counts. If you said, oh, dos, here s the people working at the meal.

the polling, whatever 啊。 The voting station, they tell you, do not circle. Both tell, tell. So you had a weird experiences.

So maybe they tell some people, may be not everybody I don't know.

but when I was there, like, for example, gentle man came up like nobody told me how to flip the ballot, to vote for the issues they like, well, next time.

So again, we make a simple for people along these lines. IT is absurd. IT is, in my opinion, potentially we should even consider criminal that there are people who are not running for president who are on the ballot. R, F, K, junior dropped .

out of the race. Good reason they .

sued to keep him on the ballot knowing the heery dropped out. So if he's already on the ballot, right in the ballot, in printed or something, I get IT. Hey, look there. There's logistics is all stuff. But when he comes and says I am not running in the presidential race, take me off the ballot and you sue to keep him on knowing that he is not .

actually a canada president.

you can decide which side the was doing that because they think that it's going to take votes .

away from the world.

But how is so? Again, because we are stupid laws. So IT goes back to this whole idea of, like, rather than look at the current set, we should come up with a bottoms up common sense approach to, how do we get people on the ballot to be on ballot.

Make a dead simple people. My third problem, when you go to vote in new york, I can't comment on Prices, but in new york and you put your ballot into the machine, the machine simply tells you your voters been talked. How what didn't ital yeah everything else.

When I go to pay for three dot lr paca gum at the grocery store, IT asked me to confirm, that is three dollars. But when I sub IT my vote, yeah yeah. For the present, the united .

states speaking, this is in new york.

Happy IT doesn't tell me, confirm your vote for hair or your vote for prompting. I have no clue with the machine.

Red, yeah. When I went up there, the guy was like, just put IT in either way, I I think crumpler IT up. If you want to put IT in.

they goes in. So with the machines again.

IT probably did IT right. Yeah, yeah. I don't know. Do you know, by the way, spoken like someone who has trauma from, do you remember the the bubbling in of the S. A, T, and if you don't do IT right and bubble and right, the machine will. Did you think that?

listen? So the point, the reason why I bring this up now is now the time to do IT. Because the political party that previously claimed issues, they won so they can claim issues, right? We have a number of years before the next election, and so we have time to try to design the system in a way that is built for modern times. We shouldn't even spend a second talking about voter ID. It's insane that we do not have to show our I, D.

I, I actually, I guess I, I don't. I, I, I gave them my I D, and the woman seemed offended. He was like, I don't need that. okay. So SHE just asked me from first three letters of my last name.

Again, i'm not claiming as any issues. I'm just saying that is pretty different. Simple to ask for idea. We can talk about financial assets .

and think about financial assets because yesterday ethic was like craze. Looking at the computer, he was like bitcoin, bitcoin. And like what is going on with bitcoin.

big coin is the global alarm system. IT was very clear when I started around the trump is gonna in because we now have the first pit on president. If you put somebody in the White house that says, I am probe coin, want to protect your bitcoin, I want to protect your right to self custody your bitcoin, i'm going to do things that will be a tailwind for your acid, and i'm going to create a strategic reserve of bitcoin on the united states government's baLance sheet.

Obviously, bit Randy and he knew he'd get votes. Or do you think he actually understand an Angels?

Question is, do you want a politician that is voted in based on what they believe, or based on their willingness to exhibit the will of the people? So take J. D.

Vance as an example. Jd events given interview recently, and he talked about the fact that he very vividly disagreed with and campaign on a the kind of pro life position of abortion in ohio. The people reject advanced view and instead voted against him on that specification. Yes, J. D said, what's the world of people?

right?

The majority of people voted for something that I did not think that we should do. As a politician, as a leader, you're there to represent the people yeah and so it's A A delicate baLance for a leader to baLance between what do I believe and what is the world, the people you are a public servant, public servant.

Now the counter argument to that is we want people who are going to do the right thing, right? That kind of like in a general description. And so what is the right thing? A lot of times it's gonna like they're gonna have to make the decision based on what they believe yeah but there are all times where is explicit what the world of people is. And to take big one this example, whether does not trump believe in bick in or not doesn't matter.

but it's fickle if he doesn't actually believe in IT and he's just doing IT from the world of the people, how do you know his d reverses?

He might. But what we do know is that the corn ministration very aggressive. So just the fact that somebody is willing to talk positively about is already upgrade. On top of that, I think that he is surrounded with a lot of smart people. Some of them come from the big one community.

Some of them come from outside the big unity of very good finance for a they're all very interested in seeing the asset be successful um and financial market be successful. And so you know I wrote this morning and I said, um putting a pro business and a pro capitalism candidate in the White house should be good for business, right? He's pro business. And so if we are a strong economic nation, if we are going to be pro capitalism, you want someone in the office who's pro capitalism. There's a lot of questions based on a lot of decisions that have been made over last four years on whether the court administration actually believe that stuff or were they participating in programs that were not capitalistic in nature.

Just one question. Do you think what do you think is the first thing you will focus on the .

single most important thing for a president early on between now and when they're inaugurated and then maybe the first you know thirty days. So you got to get the team in place. Everyone thinks about policies.

Policies are important. They campaign on day. I'm going what you maybe they do may be they don't. But if you want to have longer jevons over the four years and you want to have a smooth Operation, you to get right people in place.

I recently read a great book called the gatekeepers and it's all about the chief of staffs going back uh to nicks on time and IT talks about each chief of staff s for the president, what their strength and weaknesses were, what made them good chief of staff s what they struggled with, how would affect to the president of and the best way to described IT is um there is two different models that people look at uh in governing their team as a little of the White house. The first system they called a hub and spoke model, the president is in the center, they're the hub and then there's all these spokes. So you're the economic person, the national defense, everyone access to present.

And so everyone is costly, bringing information, decisions written. So it's a hub and spokesman also spokesly ad into the hub. There's no kind of filter that is much more flat type organization. The consensus is that, that is not a good system, instead having a really strong chief of staff, a really strong hierarch structure.

The White house is important because they act as a filter and they say, listen, the only things that make IT to the oval office, or the really big decisions, or the really big problems, everything else we should be about a hand before gets a medal of office. Because if you think about decision fatigue, if you, the president, the united states, you involve in every single decision of an entire country, there's no way you can have longevity. Try people look horrible when they leave office and they have aid.

So much so stress. And so I think that's the first thing you go to get the right team in place. The second thing that you've got ta do is you gotta get quick wins.

Because if you're able to get momentum, people start to believe that administration is going to be able to be effective. The worst thing you can do is not get momentum, and the people start to believe is kind of a lame of administration. I got these people all just hot air that can get anything good. People don't want to work in that administration. People who are supposed to be engaging with IT say it's just not worth even wasting our time.

What could he do that kind of jump start the economy and I cut cost and all that self.

rather than specific policies on that front? I think there is going be two big questions. He is gna face.

One of them is how much involvement should the president and I states have? Monitor Donna mas, previous ly talked about the fact that maybe the present should be more involved in monetary polity decisions. Uh, the central bank for the reserve takes great pride being independent of politics. Those two ideas on a crash course to intersect with each other. I don't know who will prevail.

Do you think it's good to have to be independent now?

Independence is good for a lot of reasons. Um they're very well covered on leader graduate them here. Bd, if you look over last four years, really last two years in twenty, twenty and twenty twenty four, the fact that the fed was increasing interest rate of the fast rate history, but the politicians were .

printing money like idiots. I communication.

but could be communication, could be less independence. Right argument for ball site. But I think that is a question that downed trumps going to have to answer.

IT will be highly controversial if the present source get involved. Monetary policy. But I do think that that is something that is on the horizon.

The second thing that on the economy, you have to give people hope. There are a lot of americans right now who have lost hope. It's why they're pushing out on the risk of investments, why they're gambling more.

But if you want to give people hope, you have to make life more affordable. If you make housing more accessible, you have to get wages growing and you have to start increasing GDP. And so one of the ways that you can do that is to tell the private sector, let's go.

I predict that we are going to see an economic explosion under trump for no other reason. Then he is simply going to pull the friction points away and allow the private sector to just go. Deregulation of the energy industry, deregulation of the housing industry, deregulation of artificial intelligence, self driving cars, rockets, all the stuff.

Even mask was talking about the fact that he literally had to kids up a seal and test. What is the sound impact on the sales? ears? Sales are cool, very nice. What do you think that that is worth not being able to create reusable rockets? Again, these are hard problems, but deregulations going to be important.

And in cutting taxes, if you think about the fact that our government takes twenty to fifty five percent, depending on corporate, all the way up to highest individual tax rate from its citizens, and still runs a two trillion hour deficit with massive government waste, that's insane. That is bureaucracy, that is an efficiency, that is waste. And I would argue that the american people, or demanding Better, and that's why don't just go back to the White house.

Now let me ask you this. With big expectations comes big responsibility and also big pressure. Do you actually think that Donald trump, i'll be able to execute on all the things that he's promised? They are american people. No.

I don't think any president can. I don't think .

that any president .

present percentages all made up, right most. I think that presidents go into a presidency and they say, i'm going to do one, two, three, four, five things, ten things, twenty six, fifty things, whatever the number is, and two things happen. They get some of IT done. People celebrate. They don't get a lot of IT done, and people critique them.

And they say, we ran out of time.

ran at a time. We think of George w. Bush, he goes into office. He's not predicting september eleven. He's not predicting the global financial crisis leading office rates to things come up here, present in the stage, you get all stuff you got to deal with. And so it's very complex job. And I think that we as individual citizens we love the Ellen scream make a black and White because you're so stupid, what don't you do whatever but remember um I think he was obama campaign down shooting downtown tana .

mobile solar. Well, you get into office .

and then you start learning more. That's the other thing. Trump has an advantage. He's already been the president before, so he has a lot more information than somebody who's coming, as you know, haven't not having been the president advice president.

So both of these candidates were going to have someone of an identity because that you know some information. The other thing that I think is going to happen is that the stock market is going to take off. So bitcoin hit an all time high.

I think this one is much hier. I think the stopper. And when that happens, a large portion of the population has investment.

If you have investable asset, you are going to a get wealthy, right? And so those people are going to have more money. That money is going to move around the economy.

And so what you're going to see is you're to see businesses doing Better. You're going to see, uh, wages going up. You're going to see .

inflation for all .

these things.

Do you think though that this boat market was bound to happen regardless of who was president?

I think that the long term trend in financial assets in amErica is up to the right, whether that is stocks, coin, real state commodities that uh, the door to get devalued. I do think that Donald trump is perceived as much Better for financial assets and that's what you're seeing stocks rip. If Harris had won, I think you would have some financial assets go down in the short term.

The question if Harry had become president is what policies actually would have been enacted if you enact unrealized capital gains tax? Yeah, you have heard a lot of self. Yeah, if you don't do that, then maybe he wouldn't been that bad.

You know what the things, uh, the stock market has done, just fine energy, biden, right? Actually, if you look this year, this A S M P five hundred, this is the single best performance of the S M P five hundred sys nineteen thirty six. Now you can argue that some of IT is binds overseen this a great economy, which okay, he had some credit but not all the credit.

Um you could argue that artificial intelligence and kind of this boom of technology shift um has helped. You could argue that the businesses are getting more efficiently. They should be more valuable in terms of facebook, amazon, ma, uh, settle.

And then you also could argue that the stock market is going up in anticipation of downtown becoming. So the beauty of finances, what makes you so exactly stimulating for so many people, is you can't put your finger on anyone thing. You have to start to understand stuff and what people may say, like why we spending so much time on politics.

Well, because macro economics, the political landscape, financial assets, the individual beliefs, s of people in a society, all of that feeds into how does capital get allocated and where returns captured. Yeah, but if you think about the loss of trust in the mainstream media is one of the reasons why big one is winning. They don't seem connected, but the loss of trust in the mainstream media is extended to a loss of trust and institutions.

And so you can draw that at line between the loss of trust, the main street media, to a loss of trust in the third reserve. And so people say, a, wait a second. This is not gonna for me.

Let me go store value and save in the other asset. It's with those are the types of things that as an investor, it's kind of like the one of one is just like stock o upper down two or one. You say we will stuck go up and down because of things related to this company.

But when you get into the more sophisticated levels of analysis, it's trying to understand if down shop becomes president, what is the monetary policy changes we're going to see and how is china affected by that? Because if china now seeks that they are in a competition to devalue their currency against the dollar, they'll gona publicity ity they're onna drop interest rate that's going to bring more global liquidity, which will then flow into financial asset. And so actually, china's monetary is more important than the U. S. Those are the things that people, I think, at the higher levels of finance are trying to figure out now.

So someone, one of the viewers are tweed at us. A video from twenty twenty, I was election night twenty twenty and you said something interesting, which I think you should maybe repeat for the people who are, you know, either voted for trump, didn't vote for trump t and they are expecting, you know, sunshine and roses or just complete gloom.

I remember .

I oh my god, he said personal responsibility .

and percent I mean, I talk about all this stuff. I pay tension al of this stuff because um IT has an impact in terms of financial portfolio. Um I have set IT over and over again that your local city councils play more important than who the president is for housing affordability, things like that.

I think that who the federal serve chairman is more important than who the president is for your financial portfolio um but if you want a Better life member that story about jd event, you are responsible for the outcome. No one is coming to save you. The government is not come to save you. Your friends aren't going to save you. nobody.

Because J, D, group, under multiple you know administrations, whether they were .

democrats or or republican, j events changed his life by making two or three decisions. There were big decisions. He probably had didn't know what they would lead to, but he was able to change his life.

And so some people are born into great environment. Some people are born in and not so great environment. Some people have the deck deck in their favor, some have deck against them. But I know a lot of kids who are borne in great environment of the deck deck in their favor, and they are not exactly the type of kid that I want my kids to group to be. If that was like, I wouldn't be proud of the outcome.

And so sometimes being born in those environments can actually be detrimental, right? We have a friend who once told us he is incredible, multibillion air um very nice guy but a dinner plan. And I were sit with him in his wife and we said, no, how did you raise your kids so they won't screw up and you look me dead square and the eye and he said, they are screwed up. My kids have never flown on a commercial flight. And member.

he said, they've never seen the inside of a commercial airplane or .

something like and he and he went flexing. He was he was saying, I made a trade off and he probably screw my kids up, right? And so if IT goes back to this idea that, like there are plenty of issues on that side, but that's not most americans.

Most americans don't have the luxury of being screwed up from abroad, right? They have the problem of they don't have enough money, they don't have enough time, they don't have enough opportunity, right? And that's what they are trying to figure out.

And so those people feel like they have to close their way up yeah. And if that is you, the single most important thing that you start to realize is that, no, come to save you. You you are responsible.

You have agency IT is up to you to get the outcome of life. Your actions determine that yeah, no one can help with where you start, but the individuals can actually go and they can make a difference. And one of the things that I think is just so important is amErica is probably the greatest opportunity for economic mobility. yes.

How many times that we've seen people who've gone from I have nothing to I have a lot one of my favorite is um the city of plentier and very this um he has have a driver's license and they asked him once, why don't you have a driver's license and he said, well, when I was growing up about two poor to have a car and then very quickly I became too rich to drive myself. That only possible in america, 切， right? There are very few places in the world where you can go from.

I'm too poor to have a car to. I'm too Richard to drive myself. And so again, is that now wire situation, of course, but that direction of economic mobility is available for anyone who's willing to work yeah and who has the agency to go on out of course.

Yes, like that's the extreme. But I do think that the extremes provide hope, because if you live in a place that's not a democracy, you don't see that there is no hope for you to achieve something you've never seen. So I personally is an immigrant and very happy we live in amErica speaking of immigrants .

um I know somebody who recently came to me and said, hey, my girlfriend who has a called grief here in the next states um had to move back to india and I said to I said, uh why and he said her via. And I gotta say, i've always been pretty uneasy with this idea that, like, we send talented people who are here on bees back to their countries for no reason of them. bureaucracy.

Well, I immigration laws.

And got. But like, why is that person going back rack? But I gotto say, hearing that story while walking down a street in new york city and seeing hundreds per week of people who came here illegally by just walking across the border, that's that's a tough one.

how? How is IT that? The people who can contribute the most do the most educated, the most killed sa we taking them out at the same time, we have a bored that wide open and millions of people are pouring across.

I think immigration reform is something that should be on every presidency agenda um but yeah I agree. I think think it's stuff.

Let's do prediction time well OK.

And just before we do that, I want to give a shoulder. We went to the world series um IT was very fun and a and we were standing actually and then he was standing in line for popcorn because no, he know popcorn and someone came up to us and he said, hi, my name's Jimmy I watch the show I bought bitcoin. I converted my mom to a bitcoin believer and I just had a really pleasant time chatting with Jimmy .

and thank you for watching I um because i'm a massive went to all three new york inches uh baseball games. The worlds are played here in the stadium and um every single game somebody came up to me and talk about bitcoin or finance whenever IT is probably the most fun thing that happens to on a daily basis. Because again, going back to where we started, how did I know that the trump landslide was gonna happen? Because I talk to a lot of people, I talk to the dormant, I talk to the cab driver, I talk to the cashier at the store, I talk to the person sitting next to me.

and talk to everyone at um the elevator.

He'll like a please. I want information. I want sentiment.

I need the signal from all these people. I, I need different walks of life. I need different background and need different education levels. I need different locations. The more that I can gather that information, the Better you haven't understanding where the world is going and where IT is. And so when I walking around at the game, literally the first night that I went, I was standing in, uh, the batter, that's the best place to watched the game.

Br creature.

and I learned the guy tapped me on the shoulder. I believe them as many, if i'm very correctly. And he said, you are you and I .

yeah when .

I said to, and I said that you in the big one, he said, I was some twenty sixteen. I said, did you sell IT? He was no. I said, that must be by your the world serious game said, yeah, right. And so again, and we started talking about what he does and how we learned about IT what else is buying and I all stuff just you're getting information and so um I say all that because if you ever see me anywhere, if you see me in the streets, if you see me at a conference, if you see at the airport, whatever come up to me, yeah and let's talk .

but if somehow people only come up to us when we were arguing in the street, just walk around central park.

You didn't do this and interrogate .

and I have to pretend to be nice. It's more no.

most most men know they see see me walking stoically. I looked forward, no, no issues. And you just eating my year away with whatever the latest complaint .

about my actions .

see situation and they say, i'm on my own heroes journey and let me go save him and they interpret to remind you how fortunate you are to be with such a cool guy and then I have to tell them, hey me thanks pretty thanks .

for yeah yeah has .

happened multiple times.

He's never mad at me and that never happens because I am a perfect Angel and I do nothing wrong ever.

Um what are dict? What are you predicting .

you wanted to predict .

um at the end of trump's presidency? Three things. Does he make IT to the end? White? Seventy eight years old. Oh, I think yes. His energy level is he arrival?

Yeah sixty .

three days straight campaigning. I'm thirty six years old. I work pretty hard. I work all day long, every day. Respect had had to.

I I definitely .

make IT too easy able to quote code, turn around the economy in terms of get inflation down, make housing more affordable, wages GDP growth at .

outside of unforeseen circumstances, like something happening, like a virus or a war, something I think so yes.

But the only thing that I think he's got to be very careful with the inflation, a lot of his policies, everything i'll get this thing rock in stock markets all time high, ready to rock and roll, only to get worry about the inflation. So I think yes, but got a solved english problem. The third thing is.

Is the vibe shift eternal in the country? We were headed down a road that looked a lot like a totalitarian state, that looked a lot like a divergence from capitalism to something else. They looked a lot like a porous border, unsafe daily living for many people, economic pain, netta. Is this the inflections point that puts us back on the right path?

I think that in four years were not even gna recognize the republican democractic party. Parties, I think are going like, wow. This is a complete reversal, are reshaping of what we thought. I think I think somehow I think the you will become more united and then IT won't be as insane if you to tell your friends or family, hey, I voted republican or I voted democrat.

what do you think? I think that the vibe shift is real, but I also think the big one will be higher for years. Minute is today.

I'm not going to ask you to make a Price prediction .

because I don't know the Price is gonna, I know, but I do think that the Price will be higher than IT is today. And for most people who are watching .

this and for .

most people who are watching this, that signals that their investment portfolio is going to do very well in the next four years.

Yeah.

hi guys. Thanks much for watching what's up, guys. I hope you are join this episode, but I got a quick message for you.

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