Anthony Pompliano

Um, anyone who thought this was a temporary thing on my video last week, I said, this is officially a regime shift.

AI is causing this and the commodity problems not going around.

So if you're living at home and you're going through this, you're going to see some costs go down.

Because the job market's not great.

The housing market's not great.

And nobody's going to go buy cars if those things aren't working.

And so there's parts of the economy in deflation.

There's parts of them that are there.

This is different than 2022.

And I think people forget this.

This is why I wrote the piece on the dilemma for the Fed.

When the Fed fought inflation in 2022, let's assume we do get a spike in inflation up to 7%.

We got up to nine and change and 10 with 2022, but the housing market was on fire in 2022.

We created 4 million jobs in 2022.

We're creating no jobs and the housing market is falling.

So this is a very different time.

And if you get an inflation spike, the Fed can't react to it the same way it did last time.

And that's why I wrote the piece that Bitcoin is in this weird spot where you're actually probably going to have the Fed at a point where they have to focus on the dual mandate, which is, hey, the job market's still weak.

We got a labor number today.

Hey, great, it was 178,000 jobs.