Anthony Pompliano

I can survive.

There's a bit more inflation.

Shit's a bit more expensive, but the world goes on.

Explain it.

I think the AI thing that you're talking about, right, the displacement of knowledge workers is accelerating.

It's happening, right?

There are companies firing people left, front, and center because it's way easier to run a team of agents to do particular knowledge work than to hire a human.

And that's only going to intensify and accelerate.

And that's causing deflation in what we want.

Oh, you want that nice new, whatever the fuck you saw on social media thing, the bag, the car, you know, the house and some McMansion, whatever.

You don't actually need that.

You want it.

And now you are on unemployment insurance because you lost your $250,000 a year tech job.

And it ain't coming back.

And at least in the same format, in the same timeframe you need to afford to spend like you were spending.

So those things that we want, that the social media influencers tell us that we need, that shit's deflationary.

And the credit that's behind that, that's a problem for the banking system.

And that problem's only going to intensify.

But what clouds the picture where people are thinking about central bankers is, well, then there's this inflation and what we need.

The entire world economy is essentially a derivative of energy.