Anthony Pompliano
👤 SpeakerAppearances Over Time
Podcast Appearances
And so then you calculate for...
The Fed has no clue what inflation is.
That's what people don't want to admit.
The Federal Reserve has no clue what inflation is.
Why?
I'll give you three reasons.
The collection of data is highly, highly, highly flawed.
We are still, in 2026, we are calling people on the phone who own a home and we are saying, yo, George, how much do you think you could rent your house for?
George doesn't know shit about renting his house.
and he throws out a number, and we do that for a couple thousand people, bam, that's our owner's equivalent rent.
That's crazy.
We are sending people into a grocery store with a physical tablet to punch in the numbers.
I don't know about you, but if I go and I send you, who's a very smart, good looking, strong, amazing person into the grocery store with a tablet and I say, you got 30 items, make sure you find the right item.
So it's not Campbell's chicken noodle soup.
It's Campbell's chicken noodle soup, low sodium, you know, no beans.
And then you got to input the correct price and you get it 30, 40, 50 times.
You think you might make an error?
You would think there's guardrails, though, for that, right?
They're sending people in with physical tablets.
These people don't know how to spell guardrails.