Anthony Scaramucci on Trump's motivations
From Speaking Truth to Trump | Former Head of Trump’s Communications, Anthony Scaramucci · · The Rest Is Politics
“There are two things that drive Mr. Trump: money and attention. Not prestige per se, he's not interested in prestige, he's interested in attention. It could be negative attention or positive attention, and it's money, and those things go back and forth in his mind.”
On , Anthony Scaramucci, Founder at SkyBridge Capital, spoke about Trump's motivations during Speaking Truth to Trump | Former Head of Trump’s Communications, Anthony Scaramucci on The Rest Is Politics.
About Anthony Scaramucci
Anthony Scaramucci, founder of SkyBridge Capital, has made several media appearances in recent months in which he discussed Bitcoin, the Trump administration, and the economy. Scaramucci stated that he believes Bitcoin will reach $200,000 over the next five years and described it as having "all of the elements of everything that we've looked at in terms of the value of money." He said he continues to buy Bitcoin monthly regardless of price and recommended that investors allocate 1-2% of their assets to it. He described the current crypto downturn as a cyclical bear market tied to Bitcoin's four-year halving cycle and predicted a recovery beginning in late 2026. Scaramucci has been a frequent critic of President Donald Trump. He described Trump's disclosure of more than 3,700 trades as "disgusting" and "probably legal," and said the president "doesn't care," adding that "worse things are on the way." He called for Trump to resign, saying he is "erratic" and that the stock and bond markets are taking the word of the Iranian military over his. Scaramucci also described Steve Bannon as "the worst person that you could meet on planet Earth" and a "white supremacist." He said Trump's launch of a meme coin "hurt our ability to get the legislation done that is important for the industry." On the economy, Scaramucci said the stock market's all-time highs are driven by AI-related capital expenditure but warned that "the 1,000-year flood happens every four or five years on Wall Street." He also said he sees a 2/3 chance the market rises 10% and a 1/3 chance of a 20-30% decline due to the war and energy crisis.