Retirement Lifestyle Advocates, Released on 1/30/22
Inflation is the worst it’s been since the early 1980s. The official CPI is reflecting nearly 7% at last reporting. But if you’re like most people, it feels worse? Our guest this week on Retirement Lifestyle Advocates is John Williams who tells your host, Dennis Tubbergen how the government has been manipulating the CPI since the early 1980s to control the government’s liabilities, particularly to Social Security recipients. Listen now to discover how, and get Mr. Williams forecast for the coming year.
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.