Anthony Pompliano

They came out and they said, I believe inflation is coming.

I'm buying Bitcoin and gold and other store value assets.

And I believe that Bitcoin is going to be the fastest horse.

Well, now what's interesting to me is that whatever the government reports doesn't really matter because their data is horrible.

40% of CPI inputs are estimates.

The government's got no clue what inflation is.

I prefer true inflation.

It's a real-time alternative metric.

It takes over 14 million daily price points from 40 different independent providers, and they go ahead and they calculate what they think inflation is.

Right now, they are showing 1.2%.

And that 1.2% is 150 basis points lower than it was just 90 days ago.

And so there has been a cratering of inflation in the economy.

A huge reason for that is I think that there's a big deflationary force coming from artificial intelligence.

I also think things like deregulation, the tax cuts and various other policies are having an impact.

And then obviously tariffs are deflationary.

And I've been saying this for a year now.

And so whenever you have deflationary forces like tariffs and like artificial intelligence, I think that that negative impact on inflation, which is really positive because that means that prices aren't going up as fast anymore.

That all of a sudden means that if people don't believe inflation is gonna be four, five, 6%, they may not need the inflation hedge as much.

Now, again, if you go back, gold has been going up, but I think that the driver is because of central banks buying it, not necessarily because a bunch of people think inflation is coming and they're buying gold.

And so if that was Bitcoin's big hat to hang on was, hey, this is going to be the inflation hedge, and that's what drove Bitcoin from sub $10,000 to over $100,000 over the last four or five years, then the question becomes if we get a deflationary period or disinflationary period, people are less worried about inflation, then that is obviously going to deter some of the capital that is coming into Bitcoin.