Bitcoin’s Rally, China’s Credit, & Politics’ Toll on Public Happiness 12/05/23

Bitcoin hit $42,000 for the first time in over 19 months; crypto investor and bitcoin bull Anthony Pompliano discusses the asset’s rise, regulatory tailwinds for the U.S. crypto companies, and the crypto community’s worldview on central banks and stores of value. In a thoughtful discussion, author, Harvard professor, The Atlantic contributing writer and fellow podcaster Arthur Brooks considers the toll America’s polarizing political climate is taking on the average citizen’s happiness. As tensions rise in Washington and on college campuses, Brooks explains how America’s current approach to community hurts us, more than helps. Plus, today’s headlines: Moody’s cut China’s credit outlook, CVS is changing how it prices prescription drugs, Take-Two Interactive’s stock tumbled after a trailer of the newest Grand Theft Auto game was leaked on X, and voters are gearing up for another Republican Presidential debate this week. Arthur Brooks - 12:17 Anthony Pompliano - 21:55 In this episode: Arthur Brooks, @arthurbrooks Anthony Pompliano, @APompliano Andrew Ross Sorkin, @andrewrsorkin Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Cameron Costa, @CameronCostaNY