Tekoa Da Silva – YouTube, Released on 12/18/24

We discussed John Williams’ current inflation estimates, how and why the government understates inflation, the USD Gold price, and what lays ahead for future inflation rates.

0:00 Introduction
2:07 US Govt Understating Inflation, Overstating Growth
10:15 John’s Estimate of Current US Inflation Rate
10:55 Correlation Between Gold & John’s Inflation Estimate
15:00 Will Politics & War Accelerate Inflation?
17:01 30 Yrs Worth of Monetary Stimulus Pumped Into The System
22:56 Higher Inflation, Weaker Economic Growth Ahead, Gold
25:51 Will There Be Signs Before A Hyperinflation Hits?

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.

  economy, gold, hyperinflation, inflation, market crash