John Williams of ShadowStats Warns of US Hyperinflation By 2014

John Williams & Chris Waltzek - Goldseek Radio - May 22, 2012 JOHN WILLIAMS IS CORRECT HE WARNS OF A HYPERINFLATIONARY GREAT DEPRESSION LOOMING IN THE UNITED STATES .

John Williams : I’ve been a consulting economist for 30 years. What I’ve found over the decades is that the government’s reporting has moved further and further away from common experience, and really, the average guy has got a pretty good sense of what’s going on. If you feel the economy is not as strong as the government is saying or that inflation might be higher than what they’re reporting, you’re most likely right because you’re dealing with the real world. The numbers use to deal much closer to real world experience. And with the unemployment number, if you, let’s say, went around the entire country and asked everyone whether he or she was unemployed, you’d get an immediate answer. Most people have a pretty strong opinion as to what’s up, they have a job; they know what’s going on. But if you put all those numbers together, you’d come up with a much higher unemployment rate than the government reports, or at least the headline government number to date. So that’s all due to definition. In order to be counted in the headline unemployment rate — and keep in mind, the government actually publishes six levels of unemployment. The third level they call U3 is the headline number — you have to obviously be out of work and willing and able to take a job, but you have to have actively looked for work in the last four weeks. There are people who’ve stopped looking for work after a period of time when there are just no jobs to be had, yet they’d take a job if it were available, and they otherwise consider themselves unemployed. They want a job; they are willing and able to work. And again, they’d take it as soon as it was offered. If you haven't been looking in the last four weeks, the government will count you as a discouraged worker so long as you've looked for work in the last year. If you haven't actively looked for work in the last year, they don’t count you at all. Before 1994, anybody who was a discouraged worker, irrespective of the period of time, was counted as a discouraged worker. So that where you have the U3 unemployment rate at, I believe it’s 8.2% in March, the government’s broadest number U6 (which includes what I call the short term discouraged workers, those who have given up looking for work, but not for more than a year) and also includes people who work part-time for economic reasons (they can’t get a full-time job, they want a full-time job but you know, no full-time job is available) that’s running up somewhat over 14%. And what I do is I add to that my estimate of the longer term discouraged workers — those who have been discouraged more than a year. That puts you up over 22%. What happens here is the people who are unemployed roll out of the U3 level; they become discouraged because there are no jobs to be had, and so they go into the U6 level. And after a year, they roll out of the U6 level in terms of going into another world that the government does not count. I still estimate them, so my number is broader than the government’s number. So when you see the unemployment rate dropping, yet the broader measures are rising or staying at near historic levels, you do not have an economic recovery and that’s what we’re showing. - in a recent interview with the Financial NewsHour

John Williams - Real Inflation & employment numbers.

John Williams of the shadow stats interviewed by this week in money about the Real Inflation and employment numbers."We actually saw that in this last year, a very unusual time where the Federal Reserve, with its Quantitative Easing II package, actually bought, in net Treasury securities, more than the Treasury issued for public consumption, so that the Fed, effectively, in that period of time, fully monetized the federal debt. That is working through the system – very, very inflationary, and we have, unfortunately, a lot more of that ahead. But if the government can’t have normal auctions, if it cannot raise the funds from people who want to lend the money to the government, domestic or foreign, it will most likely do what almost every other country in that type of circumstance has done, and that is, to print the money they need to meet their obligations. That becomes very inflationary – hyperinflationary" said John Williams recently in another interview

Economist John Williams : Hyperinflation Delayed but Still Coming

Economist John Williams of shadow stats on the Financial Sense NewsHour Oct/04/2011 : the economy is no so strong , consumer confidence is at the lowest , unemployment is still rising the banking system is insolvent US is still stuck in a recession , and hyperinflation was delayed but still coming

Economist John Williams on the Road to Hyperinflation 2014

John Williams - Financial Sense NewsHour 14 July 2011

John Williams of Shadow stats talks about the road to hyperinflation 2014 and the fake government numbers .Economist of Shadow Government Statistics and shadowstats.com founder John Williams claims government employment and inflation numbers are inaccurate, and economy is shakier than indicated.There is no way we could possibly pay our debt either we raise the taxes or we do not either we cut social security or we do not , we are headed towards a Wiemar Republic type of hyperinflation and a banana republic kind of government ....the whole system is collapsing

John Williams of Shadow Stats - Hyperinflation coming to America

John Williams, Executive Editor of Shadow Government Statistics on the Financial Sense Newhs Hour 31 May 2011 speaking about America's day of reckoning hyperinflation and the overall economic situation ."it is not going to be a happy time for the average American the problem is what brought the system to that crisis is still in play , the systemic solvency issue has not been resolved the economy has been restored " John Williams says

Shadow Stats John Williams, on The Government Budget - Financial Sense Newshour Mar/08/2011

Financial Sense Newshour Mar/08/2011 : John Williams, Executive Editor of Shadow Government Statistics Discusses the Government Budget and the Unstoppable—Runaway Government Spending

John Williams: Hyperinflation Will Start in the Next Couple Months

John Williams of Shadowstats has repeatedly warned that our economy is not doing as well as some would have you believe. From unemployment to GDP to current and future liabilities, there are fundamental problems that will not be resolved anytime soon - in fact, they're likely to get worse.
The end result according to Williams? A hyperinflationary depression.



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. The publication includes regular analysis of:

* The prior month's reporting (employment/unemployment, CPI, GDP, retail sales, housing statistics, factory orders, trade balance, consumer confidence, purchasing managers' survey and others) including estimates of actual results net of any reporting biases.

* The coming month's reporting, highlighting unusual circumstances and biases that could bring results in above or below market expectations.

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Economist John Williams of Shadow Statistics on Radio Liberty 12-29-10

John Williams of Shadowstats has repeatedly warned that our economy is not doing as well as some would have you believe. From unemployment to GDP to current and future liabilities, there are fundamental problems that will not be resolved anytime soon - in fact, they're likely to get worse.
The end result according to Williams? A hyperinflationary depression.



Respected Walter J. "John" Williams says govt may start giving out free toilet paper...er...money! economist John Williams, editor of ShadowStats.com, a popular website that tracks real inflation figures, is advising that people hoard physical gold as well as food items in bulk so that they have some means with which to barter as the economic crisis turns ugly.How far down the rabbit hole do you want to go?
well it isn't getting better... what is it going to be like end of the year? or end of 2011?

I hope people are trying to protect them selves..
John Williams from shadowstats.com about the U3 cooked numbers from the government
still reading about bank closures coming.John Williams from ShadowStats.com says buy and store scotch! Put everything you got into canned food and shotguns! And horde scotch and gold oh and buy ammo i think ammo would be a great currency in the future especially if the dollar collapses. 7.62x39 mm and 223

also get handgun ammo, and mres, lambs, pigs, goats, all can be used for barter. hell even rabbits cheap to raise and fur is worth good money.

Three or four years into the future I think we could be in a hyperinflation, within the current year youre going to see much higher inflation than most people are looking at, John Williams told MarketWatch.

Williams said that his definition of hyperinflation would be a situation in which a $100 dollar bill would become more functional as a piece of toilet paper than a store of value.

This is a time when you want to preserve your wealth and assets because inflation will knock the value out of it, he added, advising that people buy physical gold and assets other than the U.S. dollar.

Then when the hyperinflation hits youll see disruption of normal commerce, you wont have enough $100 dollar bills to buy what you want, said Williams, adding that items to barter with, such as a bottle of scotch, would be more valuable than actual cash, even in large quantities.

Williams said that such items should be procured now in bulk so people had some means with which to barter and get them through rough times.

At least as far back as April 2008, six months before the collapse of Lehman Brothers and Bear Stearns, Williams predicted that the world economy was entering a phase of hyperinflationary depression that would peak in 2010.

In a hyperinflation special report, Williams said that the U.S. was on an irreversible course of financial armageddon that would likely lead to extreme political change and/or civil unrest.

Top trends forecaster Gerald Celente has echoed Williams advice, remarking recently that putting food on the table will become a primary concern over buying gifts at Christmas.The J.P. Morgan [banking] interests and Global Bankers found it was only necessary to purchase the control of 25 of the greatest papers. ...an editor was furnished for each paper to properly supervise and EDIT information etc etc

Define HIGH TREASON America, do Police Protect Criminals Now?? G20?
this is what happens when you do not include home prices in the inflation index, when you let home prices increase to high that means personal debt is really huge ie mortgages in order for people to pay off all these mortgages you have to keep increasing the money supply or face a shortage of cash to pay off these huge debts

Economist John Williams on the Financial Sense NewsHour 14 Dec 2010

The Bigger Picture with John Williams

Respected Walter J. "John" Williams says govt may start giving out free toilet paper...er...money! economist John Williams, editor of ShadowStats.com, a popular website that tracks real inflation figures, is advising that people hoard physical gold as well as food items in bulk so that they have some means with which to barter as the economic crisis turns ugly.How far down the rabbit hole do you want to go?

well it isn't getting better... what is it going to be like end of the year? or end of 2011?

I hope people are trying to protect them selves..
John Williams from shadowstats.com about the U3 cooked numbers from the government
still reading about bank closures coming.John Williams from ShadowStats.com says buy and store scotch! Put everything you got into canned food and shotguns! And horde scotch and gold oh and buy ammo i think ammo would be a great currency in the future especially if the dollar collapses. 7.62x39 mm and 223

also get handgun ammo, and mres, lambs, pigs, goats, all can be used for barter. hell even rabbits cheap to raise and fur is worth good money.

Three or four years into the future I think we could be in a hyperinflation, within the current year youre going to see much higher inflation than most people are looking at, John Williams told MarketWatch.

Williams said that his definition of hyperinflation would be a situation in which a $100 dollar bill would become more functional as a piece of toilet paper than a store of value.

This is a time when you want to preserve your wealth and assets because inflation will knock the value out of it, he added, advising that people buy physical gold and assets other than the U.S. dollar.

Then when the hyperinflation hits youll see disruption of normal commerce, you wont have enough $100 dollar bills to buy what you want, said Williams, adding that items to barter with, such as a bottle of scotch, would be more valuable than actual cash, even in large quantities.

Williams said that such items should be procured now in bulk so people had some means with which to barter and get them through rough times.

At least as far back as April 2008, six months before the collapse of Lehman Brothers and Bear Stearns, Williams predicted that the world economy was entering a phase of hyperinflationary depression that would peak in 2010.

In a hyperinflation special report, Williams said that the U.S. was on an irreversible course of financial armageddon that would likely lead to extreme political change and/or civil unrest.

Top trends forecaster Gerald Celente has echoed Williams advice, remarking recently that putting food on the table will become a primary concern over buying gifts at Christmas.The J.P. Morgan [banking] interests and Global Bankers found it was only necessary to purchase the control of 25 of the greatest papers. ...an editor was furnished for each paper to properly supervise and EDIT information etc etc

Define HIGH TREASON America, do Police Protect Criminals Now?? G20?
this is what happens when you do not include home prices in the inflation index, when you let home prices increase to high that means personal debt is really huge ie mortgages in order for people to pay off all these mortgages you have to keep increasing the money supply or face a shortage of cash to pay off these huge debts

John Williams, Hyper-Inflation Coming in 2011

December 8, 2010 on BNN John Williams of Shadow stats calls for hyperinflation in 2011.Williams shows the BLS for what it is....a sham!

John Williams of Shadow Government Statistics interview with Miningstiocktalk.com 29 July 2010

John Williams is author of “Shadow Government Statistics,” an electronic newsletter service that exposes and analyzes flaws in current U.S. government economic data and reporting, as well as in certain private-sector numbers, and provides an assessment of underlying economic and financial conditions, net of financial-market and political hype. john williams shadowstatscom Mining Stock Talk Interviews John Williams of ShadowStats.com ."John Williams’ Shadow Government Statistics" is an electronic newsletter service that exposes and analyzes flaws in current U.S. government economic data and reporting, as well as in certain private-sector numbers, and provides an assessment of underlying economic and financial conditions, net of financial-market and political hype.

In this powerful interview, John shares his research realities on unemployment, the staggering growth in the U.S. Monetary Base, a coming “hyperinflation” , gold, and what he’s doing to prepare and protect his family going forward.
Williams believes that the printing of trillions of dollars to fight the depression will lead to a "hyperinflationary depression".
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.
Williams is advising people to stock up on gold and booze to bargain with once the hyperinflation makes dollars worthless:

“Three or four years into the future I think we could be in a hyperinflation, within the current year you’re going to see much higher inflation than most people are looking at,” Williams told MarketWatch.

Williams said that his definition of hyperinflation would be a situation in which a $100 dollar bill would become more functional as a piece of toilet paper than a store of value.

“This is a time when you want to preserve your wealth and assets because inflation will knock the value out of it,” he added, advising that people buy physical gold and assets other than the U.S. dollar.

“Then when the hyperinflation hits you’ll see disruption of normal commerce, you won’t have enough $100 dollar bills to buy what you want,” said Williams, adding that items to barter with, such as a bottle of scotch, would be more valuable than actual cash, even in large quantities.