Jay Taylor Media, Released on 4/21/20

John Williams who has long been a believer in hyperinflation tells host Jay Taylor that he projects GDP to be down by 8% in Q-1 and 30% to 40% in Q-2. At the same time, unemployment will rise to levels greater than during the Great Depression. Yet he continues to project a hyperinflationary scenario.

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.

  coronavirus, covid 19, deflation, depression, dollar collapse, economy, hyperinflation, inflation