Liberty and Finance, Released on 8/23/21
John Williams, founder of ShadowStats.com and widely trusted beacon of truth about inflation, employment, and the debt & deficit, returns to Liberty and Finance to sound the alarm that we are starting to see the impacts of hyperinflation, and that it is about to get a lot worse.
In this interview:
04:00 Economic Recovery is NOT WHAT WE’RE BEING TOLD
05:45 Payrolls down the WORST in 60 Years
07:30 Consumer Sentiment New Low since the Pandemic began
13:30 / 21:00 Inflation & Deflation vs. Money Velocity
16:00 Industrial Production Never Recovered since 2018
19:30 Freight Index signaling recession since mid 2018
25:00 CPI redefined to shirk Govt COLA obligations to real people
31:00 Gold as Inflation Leading Indicator and Hedge
43:00 The coming RESET
Walter J. “John” Williams has been a private consulting economist and a specialist in government economic reporting for more than 30 years. His economic consultancy is called Shadow Government Statistics (shadowstats.com). His early work in economic reporting led to front-page stories in The New York Times and Investor’s Business Daily. He received a bachelor’s degree in economics, cum laude, from Dartmouth College in 1971, and was awarded a master’s degree in business administration from Dartmouth’s Amos Tuck School of Business Administration in 1972, where he was named an Edward Tuck Scholar.