Pomp and Kiyosaki Question the Fedâ€™s Actual Role
Anthony Pompliano gave his take on Kiyosakiâ€™s Fed claims, agreeing that the entity may not be what it seems.
Morgan Creek Digital co-founder and partner, Anthony Pompliano, expressed his view that the U.S. Federal Reserve may not quite be what it seems. His statement came in response to Robert Kiyosakiâ€™s own claims about the Federal Reserve.Â
â€œRobert’s belief that the Federal Reserve is not a bank, not federal, and has no reserve is directionally correct,â€� Pomp told Cointelegraph when asked of his own opinions on Kiyosakiâ€™s claims about the Fed.
â€œThis is an important point to make sure that people understand as they pursue a deeper understanding of how the economy and money works,â€� Pomp added.
The Fed is a cartel, Kiyosaki said
Kiyosaki made a number of bold claims in a recent podcast interview with Pompliano, including one on the U.S. Federal Reserve in particular, which he noted in reference to the books The Creature From Jekyll Island, and Grunch of Giants.
â€œThe Fed is not a bank, itâ€™s a cartel owned by the richest people on the planet, which weâ€™ll never see,â€� he said, adding, â€œThe guys that own the Fed control the world.â€�
Kiyosaki shared his insights on a plethora of relevant topics on the show. A large portion of the content related to the current financial disruption taking place, and how things may not be quite what they seem on the surface.
Kiyosakiâ€™s book changed Pomplianoâ€™s thinking
Pompliano said Robert Kiyosakiâ€™s book, Rich Dad Poor Dad, helped him see things in a different way.
â€œI read Robert’s â€˜Rich Dad Poor Dadâ€™ book when I was 20 years old and it changed the way that I thought about money,â€� Pomp said.
â€œIt was exciting to talk with him about how his ideas apply in today’s world,â€� Pomp added. â€œAdditionally, it was cool to find out that he listens to the podcast on a regular basis.â€�
Kiyosaki saw his Rich Dad Poor Dad book published in 1997.
Pomp is also known for a few concepts of his own, including his stance on Bitcoin as a non-correlated asset, largely unchained to influences of traditional markets.
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