Liberty and Finance, Released on 6/11/21

Inflation’s running at 5% according to recently released CPI data. However, John Williams of Shadow Government Statistics argues inflation is much higher.

0:00 Intro
​1:31 Real inflation rate
13:48 No economic recovery
20:22 The pre-COVID economy
24:26 Gold, silver, & inflation
28:41 No “transitory” inflation
30:26 Basel III & gold

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.

  economic collapse, economy, gold, hyperinflation, inflation, precious metals, silver