#1241 Solo Episode | Interest Payments on the National Debt are Exploding Higher

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.8 • 1.9K Ratings

🗓️ 13 September 2023

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Anthony Pompliano breaks down a major problem in the US economy, as interest payments on the national debt continue to explode higher. Topics include why it is happening, what the problems are, where the money is going, and potential solutions.

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Pomp writes a daily letter to over 250,000+ 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/

Transcript

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0:00.0	Hey everyone.
0:03.0	Today's episode's a little bit different.
0:04.4	It's going to be a solo episode with just me.
0:06.3	And we've got to talk about a major, major problem in the U.S. economy.
0:09.9	Interest payments on the national debt are exploding higher.
0:12.9	And I'm going to walk you through why it's happening.
0:15.1	What exactly is the problem with that?
0:17.2	Where is all that money going and what we potentially could do to solve the problem?
0:24.1	Before we get in today's episode, though, here is a word from our sponsors.
0:27.1	This episode is brought to you by Arodine.
0:32.7	There are a brand new startup led by a number of Silicon Valley legends who just raised $81 million to build the future of internet infrastructure.
0:35.4	You're probably wondering what that means, let me explain. There are numerous new disruptive technologies that are being adopted simultaneously,
0:42.6	from blockchain to artificial intelligence to zero knowledge technologies. In order to ensure
0:47.4	that these technologies thrive in this new world, we need new infrastructure, and that is where
0:51.9	Aradine comes in. They just launched their first
0:54.7	product line called TerraFlex, which is a Bitcoin miner powered by the world's first four-nanameter
1:00.2	silicon chip technology. These air-cooled, single-phase and dual-phase immersion cooling miners
1:05.7	have unrivaled speed and efficiency. They've superior uptime, and they leverage a brand new innovation
1:11.7	called Energy Tune that allows miners to dynamically adjust the energy consumption and Bitcoin
1:16.8	hash rate based on demand response needs of the electrical grades. Aradine is an ambitious company
1:22.2	working on hard problems. I'm really impressed with them, and if you want to check out more,
1:26.4	you can go to A oradine.com.
	...

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