Anthony Pompliano

And what I asked Chris to do is go and just take a bunch of data and come here and explain to us what are rich people doing so that everyone else can learn from it.

And so Chris, maybe a great place to start the conversation is just explain how people are using some of the existing tax code to actually get into a better position.

Now, when you're looking at these kind of, let's call it just retirement tricks to start first, what is it that the wealthy are doing that maybe the people who are watching or listening to this do not understand?

The employees are contributing to the pension.

The company is putting some capital in maybe.

But then the company has almost an investment team.

And that investment team was, quote, unquote, a professional team that is supposed to go and drive a return.

Now, in the social security system, it's complete nonsense.

Well, that's the government.

Right?

So we know that they're bad at it.

They basically create a Ponzi scheme where they are paying out the current benefits by taking in new money.

And if they stop taking in new money, they wouldn't have enough money to pay out the benefits.

In terms of the pensions, it sounds like on one hand, they did have a dedicated professional team to do it.

But what you're saying is they owed the money regardless of whether they were good at investing or not.

And so companies really just saw that as quote unquote risk.

And that's where they created this idea of like, well, rather than give it to the company, why don't you just keep the money?

It's on you.

Yep.

On one hand, I kind of like that.