TFTC: A Bitcoin Podcast #661: We Will Not Live Like This with Tom Luongo
36 snips
Sep 15, 2025 
Tom Luongo, a political and economic analyst, dives into America's volatile political landscape and the potential for significant change. He discusses how Trump's strategic approach aims to 'drain the swamp' and argues that the 30-year mortgage market holds the key to revitalizing middle-class wealth. The conversation also tackles the evolving public response to political violence, personal security in a digital age, and the importance of accountability in governance, urging a critical reevaluation of current narratives and their societal implications.
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Prepare For Moderate Fed Cuts
- Expect the Fed to cut rates modestly (likely 25 bps) given mixed CPI/PPI signals.
- Use incoming inflation components (CPI, PPI, PCU) to adjust market expectations and positions.
Tight Credit, Real Mortgage Friction
- Tom recounts personal mortgage underwriting struggles to illustrate tight credit conditions.
- He reports pervasive denials and strained small-business access to loans.
30-Year Loans Build Communities
- The 30-year fixed mortgage historically enabled small-business formation and middle-class wealth building.
- Tom sees Davos and City of London opposing that model because it empowers local ownership.
