John Williams: Hyperinflation and Depression – The Hidden Truth Within Our Economic Data

Palisades Gold Radio, Released on 5/18/24

0:00 – Introduction
0:38 – Background in Business
4:15 – Models Being Redefined
12:08 – Inflation Reporting
17:26 – Releases & Revisions
25:25 – Redefining Everything
33:12 – Inflation Vs. GDP
35:37 – Inflation Causations
37:36 – Money Supply Measures
46:56 – Real Economic Outlook
50:39 – Gold – Inflation Hedge
52:35 – Fed & The Next Crisis
54:53 – Debt to GDP & Rates
59:15 – Wrap Up

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). He tracks and reports economic data using the methodologies formerly used by government agencies prior to changes being made to make the reported data look more favorable, and estimates the true, real inflation rate to be significantly higher than the reported rate. 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.

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