13.04.2025
Mikhail Vnuchkov
Author at Traders Union
13.04.2025

Anthony Pompliano slams blind trust in government data

Anthony Pompliano slams blind trust in government data Anthony Pompliano defends independent thought

​Anthony Pompliano, an American entrepreneur and Bitcoin supporter, has sparked intense debate in financial circles by publicly questioning the reliability of official economic data published by the government.

In a recent post on X, Pompliano claimed that many in the financial sector are mistaken in their assessments of tariffs and inflation because they continue to blindly trust government statistical data.

According to him, a major flaw in traditional economic thinking lies in the unconditional belief in reports such as inflation indicators, employment figures, and GDP data. Pompliano argues that these numbers, treated by analysts and economists as absolute truth, are misleading — and even senior government officials are beginning to recognize the gap between the data and reality.

Criticism from the treasury secretary and the role of the Bitcoin community

“The truth is that anyone with common sense knows this data is inaccurate,” he wrote. To support his position, he cited a statement by the U.S. Treasury Secretary, who expressed skepticism about the accuracy of official statistics and urged policymakers to pay closer attention to the real-life experiences of ordinary citizens.

Pompliano pointed out that it was the Bitcoin community that first identified inconsistencies in the economic narrative and was able to financially benefit once the broader market began to acknowledge the reality.

“If you have bad data, you cannot have good analysis,” he emphasized, adding that alternative data sources and independent thinking are more important than ever today.

The collapse of critical thinking and pressure on dissenters

He also criticized the current state of financial analysis, calling it an “intellectual trap” where participants simply repeat flawed assumptions without questioning the credibility of the sources. In Pompliano’s view, critical thinking has vanished, and dissent is often met with mockery and political labeling instead of open dialogue.

A call for independent thought and skepticism of consensus

Pompliano stressed that the mistakes made in underestimating Bitcoin are now being repeated in the tariff debate. He believes that majority consensus does not necessarily mean the opinion is correct.

His message to investors and analysts was clear: don’t follow the crowd. Instead, verify the data, seek alternative viewpoints, and think independently.

“Think critically. Maybe you’ll end up agreeing with the consensus after doing the work,” he concluded.

“But the crowd is usually wrong when dissent becomes forbidden.”

It’s worth noting that Anthony Pompliano had previously pointed out the gap between American economic indicators and the lived experiences of the public.

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