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Anthony Scaramucci

👤 Person
946 total appearances

Appearances Over Time

Podcast Appearances

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

The Trump doctrine and the reason why he goes back to McKinley During President McKinley's administration, 97% of what we produced, we consumed inside the country. And so Trump's attitude is that the world has freeloaded off the U.S. and that we need to wall ourselves off literally and physically from the rest of the world. Now, that... misunderstands how actually the world works.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

The Trump doctrine and the reason why he goes back to McKinley During President McKinley's administration, 97% of what we produced, we consumed inside the country. And so Trump's attitude is that the world has freeloaded off the U.S. and that we need to wall ourselves off literally and physically from the rest of the world. Now, that... misunderstands how actually the world works.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

And this is the problem we're all having. We need somebody like you to organize dissent and explain to people that what Trump is doing is actually catastrophic for our economy. What he's doing would take us back to the 1930s with the Smoot-Hawley Act, which steepened a recession and turned it into a Great Depression. Trump could touch off deflation, Governor Newsom.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

And this is the problem we're all having. We need somebody like you to organize dissent and explain to people that what Trump is doing is actually catastrophic for our economy. What he's doing would take us back to the 1930s with the Smoot-Hawley Act, which steepened a recession and turned it into a Great Depression. Trump could touch off deflation, Governor Newsom.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

And this is the problem we're all having. We need somebody like you to organize dissent and explain to people that what Trump is doing is actually catastrophic for our economy. What he's doing would take us back to the 1930s with the Smoot-Hawley Act, which steepened a recession and turned it into a Great Depression. Trump could touch off deflation, Governor Newsom.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

And if you touch off deflation in a society like ours, it's absolutely catastrophic. Because remember, we're in a debt-laden society. So let me just give this example. If you have a $250,000 mortgage and an $80,000 job in a deflationary society, your salary is going down alongside the goods and services, but your debt's not going down.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

And if you touch off deflation in a society like ours, it's absolutely catastrophic. Because remember, we're in a debt-laden society. So let me just give this example. If you have a $250,000 mortgage and an $80,000 job in a deflationary society, your salary is going down alongside the goods and services, but your debt's not going down.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

And if you touch off deflation in a society like ours, it's absolutely catastrophic. Because remember, we're in a debt-laden society. So let me just give this example. If you have a $250,000 mortgage and an $80,000 job in a deflationary society, your salary is going down alongside the goods and services, but your debt's not going down.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

You're forced to pay back the debt with dollars that are worth... more than the dollars you borrow. In an inflationary situation, you can pay back the debt with dollars that are worth less. But if the counter should happen, it's absolutely devastating for the society. And so the Fed is going to be forced now to cut rates because the Fed fears deflation way more than inflation.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

You're forced to pay back the debt with dollars that are worth... more than the dollars you borrow. In an inflationary situation, you can pay back the debt with dollars that are worth less. But if the counter should happen, it's absolutely devastating for the society. And so the Fed is going to be forced now to cut rates because the Fed fears deflation way more than inflation.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

You're forced to pay back the debt with dollars that are worth... more than the dollars you borrow. In an inflationary situation, you can pay back the debt with dollars that are worth less. But if the counter should happen, it's absolutely devastating for the society. And so the Fed is going to be forced now to cut rates because the Fed fears deflation way more than inflation.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

So what he's doing is actually historically catastrophic. He's doing something that literally, if you said, governor, if I said to you, okay, let's get in a room, you and I, and let's dismantle the global trading system. Let's get every one of our allies sore at us. And let's give our adversaries a leg up. Let's give China an opportunity now to re-engage with Europe.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

So what he's doing is actually historically catastrophic. He's doing something that literally, if you said, governor, if I said to you, okay, let's get in a room, you and I, and let's dismantle the global trading system. Let's get every one of our allies sore at us. And let's give our adversaries a leg up. Let's give China an opportunity now to re-engage with Europe.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

So what he's doing is actually historically catastrophic. He's doing something that literally, if you said, governor, if I said to you, okay, let's get in a room, you and I, and let's dismantle the global trading system. Let's get every one of our allies sore at us. And let's give our adversaries a leg up. Let's give China an opportunity now to re-engage with Europe.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

and become their number one trading partner. What should we do to do that in 65, 70 days? And this is what you would do. Everything that he's implemented is doing that. And his unserious cabinet, they can't defend it. I mean, Lutnick's on TV, tried to defend it, cannot defend it. I feel bad for Scott, you know, the Secretary of Treasury, Bessette.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

and become their number one trading partner. What should we do to do that in 65, 70 days? And this is what you would do. Everything that he's implemented is doing that. And his unserious cabinet, they can't defend it. I mean, Lutnick's on TV, tried to defend it, cannot defend it. I feel bad for Scott, you know, the Secretary of Treasury, Bessette.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

and become their number one trading partner. What should we do to do that in 65, 70 days? And this is what you would do. Everything that he's implemented is doing that. And his unserious cabinet, they can't defend it. I mean, Lutnick's on TV, tried to defend it, cannot defend it. I feel bad for Scott, you know, the Secretary of Treasury, Bessette.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

It's like blink twice, we'll get still Team 6 in there, take you off the CNN show. You know, I mean, it's... it's embarrassing it's embarrassing for all of us because Okay, and this is the thing with Donald Trump. There are things about him that centrists, Wall Streeters, centrists do like. They want a stronger border. I think you've had several people on your show that have articulated that.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

It's like blink twice, we'll get still Team 6 in there, take you off the CNN show. You know, I mean, it's... it's embarrassing it's embarrassing for all of us because Okay, and this is the thing with Donald Trump. There are things about him that centrists, Wall Streeters, centrists do like. They want a stronger border. I think you've had several people on your show that have articulated that.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

It's like blink twice, we'll get still Team 6 in there, take you off the CNN show. You know, I mean, it's... it's embarrassing it's embarrassing for all of us because Okay, and this is the thing with Donald Trump. There are things about him that centrists, Wall Streeters, centrists do like. They want a stronger border. I think you've had several people on your show that have articulated that.