This interview has been reposted with the permission of Greg Hunter.
John believes next year will be a bad year, but he's always saying this.
Utimately he may be right with the coming inflation, however, the timing is unknown. He's calling for much higher gold prices, but some of his estimates seem too high. Regardless of that, I respect Mr. Williams for exposing the faulty inflation numbers by the govt.
Williams stated a few years ago that we'd experience hyperinflation:
John Williams aka Walter J. "John" Williams was born in 1949. He received an A.B. in Economics, cum laude, from Dartmouth College in 1971, and was awarded a M.B.A. from Dartmouth's Amos Tuck School of Business Administration in 1972, where he was named an Edward Tuck Scholar. During his career as a consulting economist, John has worked with individuals as well as Fortune 500 companies. John Williams' Shadow Government Statistics is a monthly electronic newsletter that exposes and analyzes the flaws in current U.S. government data and reporting, as well as in certain private-sector numbers.. It also looks at the financial markets free of the hype so often put forth in the popular financial media. Generally published on the second Wednesday of the month, the newsletter is supplemented by Flash Updates and occasional Alerts that highlight unusual developments.
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