Anthony Pompliano
👤 SpeakerAppearances Over Time
Podcast Appearances
Maybe they could just contact the grocery store.
So, welcome to Truflation.
So, that's data collection, methodology-wise.
People don't know this fact.
40% of the inputs to the CPI calculation right now, the Federal Reserve is openly saying, we're guessing.
They are saying, we don't have hard data, we are guessing.
Estimating, they call it.
So four out of every 10 inputs into the calculation, they're making it up.
Now, again, they'll say, oh, we're guessing because we are educated.
Maybe.
You guys were pretty bad at guessing inflation and guessing money printing and guessing everything else.
But that's a problem.
So you have data collections wrong, methodology is wrong.
And then my favorite thing.
You're looking backwards.
You ain't looking forwards.
So you're trying to report what is December's numbers.
Well, don't you think by January things have changed?
Yeah, duh.
We're having more and more deflation.