Wall St. For Main St., Released on 7/22/24

During this 40+ minute interview, John Williams of Shadow Stats talks about how the real inflation rate is still well above 3% (Shadow Stats has it around 10% still) and how the jobs reports are more fake than usual because of the upcoming election. John Williams also talks about how the money supply is up 125% since 2020 when the pandemic started and how the Federal Reserve Bank and US commercial banks will be buying US Treasuries to fund DC spending.

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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.

Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason’s work at his blog website at www.jasonburack.com.

  stagflation, us economy