ProCap CEO and venture capitalist Anthony Pompliano (also known as Pomp in the X financial community) used his X account to comment on the recently released inflation report - CPI.
Low CPI, Kiyosaki's Gloomy Forecast Contrasts
The CPI index has slightly decreased compared to analysts' expectations - 2.7% versus 2.8%. This could indicate that the Federal Reserve will finally agree to cut interest rates in September - something that many financial experts, traders, and even U.S. President Trump have recently anticipated.
Based on this development, Anthony Pompliano mentioned the pessimists 'promising us a Great Depression and empty shelves'. Instead, Pomp stated, 'we have reached all-time highs and an economic boom.'
One of the strongest advocates for an impending Great Depression is the author of the book 'Rich Dad Poor Dad', investor, and financial expert Robert Kiyosaki. Notably, like Pompliano, he is also a strong supporter of Bitcoin. However, their views on the U.S. economic situation and predictions for its near future are completely different.
Kiyosaki Predicts the Great Depression Will Return
Last week, Kiyosaki posted another article on X, predicting a new Great Depression looming in the U.S. He claimed that the bond and stock markets would be the first to collapse in an impending market crisis, while reiterating that the credit rating agency Moody's had downgraded U.S. bonds.
The author of 'Rich Dad Poor Dad' revealed that Asian traders are buying gold, and he himself has always considered bonds and stocks to be unreliable, preferring Bitcoin, physical gold, silver, oil, and cattle. He even owns silver and gold mines. All these assets, especially gold, silver, and BTC, will help him become wealthy when a new Great Depression strikes, Kiyosaki predicts.
