California Riots, Trump Musk Beef, And The Big Bill Breakdown | Money Moves
Millionaire Mindcast
Matt Aitchison
4.4 • 716 Ratings
🗓️ 11 June 2025
⏱️ 43 minutes
🧾️ Download transcript
Summary
In this solo episode of Money Moves, Matty A. dives into the explosive Trump vs. Musk feud and unpack what really sparked their public fallout—from spending bills to government contracts and even Epstein allegations. We also break down the controversial "Big Beautiful Bill" and its implications on America's fiscal health, as well as powerful commentary from voices like Thomas Massie.
But that’s not all—we’re covering:
The California riots and Gavin Newsom's political blame game
U.S.-China tariff updates
Fed chair rumors and rate cut speculation
Surging crypto markets and bullish Bitcoin predictions
Fannie Mae & Freddie Mac privatization chatter
The state of real estate and the million-plus housing inventory milestone
This episode is a rollercoaster of politics, policy, protest, and personal finance. Tune in for hot takes, real data, and insights that cut through the noise.
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Transcript
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| 0:00.0 | just on today's comments from Trump, he was initially threatening that he was going to get rid of the |
| 0:05.5 | Tesla that he bought from Musk. Now he's not going to get rid of it. And by saying that he's not getting |
| 0:10.4 | rid of the Tesla and that he wishes Elon well, as things have kind of cooled over the last week, |
| 0:16.2 | the Tesla stock, just on that one comment, surges over 5% as he noted that. So, man, my thing is, |
| 0:22.7 | there's a couple things here. I mean, I've seen a lot of different rabbit holes and chains |
| 0:26.2 | here about, you know, maybe they're doing this on purpose. Maybe Musk is trying to distance |
| 0:30.3 | himself from Trump to kind of get a little bit more realigned back in the middle, to potentially |
| 0:34.8 | pull some bipartisanship into the middle on issues that |
| 0:39.3 | Dems and, you know, Republicans need to align on. |
| 0:47.7 | All right, guys, welcome back into another episode of Money Moves. |
| 0:52.8 | Mr. Breedwell is out on vacay. I'm holding the fort down |
| 0:56.6 | solo, and we're going to dive into all kinds of great topics and updates for today's show. |
| 1:05.7 | We've got a little recap on the Musk-Trump War, and if that is fizzling out, if there was something more |
| 1:13.3 | there, or if this is just too big egomaniacs going head-to-head out in public. We've got some |
| 1:21.1 | updates on the China and U.S. tariff talks in London, finalizing doge cuts. |
| 1:30.6 | We've got CPI data coming out this week. |
| 1:34.4 | California riots and protesting ICE, |
| 1:38.4 | potentially new Fed chair being named to come in behind Mr. Jerome Powell, rate cut updates, and some |
| 1:51.4 | crypto for you guys. |
| 1:52.5 | So let's just start at the top of the docket here today. |
| 1:57.8 | I don't know about you guys, but the number one thing that stole my attention this last week |
| 2:03.6 | was definitely the two, I mean, arguably the most too popular, you know, faces and figureheads |
... |
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