Profile image
By John Rolls (Reporter)
Contributor profile | More stories
Story Views
Now:
Last Hour:
Last 24 Hours:
Total:

Greg Hunter: Entering Period of Perpetual Dangerous Money Printing – John Williams Video

% of readers think this story is Fact. Add your two cents.


By Greg Hunter’s USAWatchdog.com 

Economist John Williams says be careful what you wish for when it comes to Federal Reserve interest rate cuts. Williams explains, “Unless you can get a good healthy consumer, you are not going to get a good healthy economy. It’s that simple. I think the Fed recognizes that, but they want to get rates higher because that will help the banking system. It will help make lending a little easier and start to return the system to normal. The problem with them backtracking now is the Fed may not ever be able to go back and do what they did before. We may be entering a period of perpetual quantitative easing (money printing). That changes the ballgame, and I am not sure where that’s going to go. It’s not as happy as it would have been if we had gone through a transition where bad parts of the banking system failed and you rebuilt and had a strong buildup from there with the economy and everything else. . . . Perpetual quantitative easing (money printing) is frightening, and it’s a new world. No one has ever seen anything quite like this.”

Williams says all his data is showing the economy is already faltering. Williams point out, “If you believe the GDP numbers, the economy has expanded 25% since the Great Recession, but there is no other number that shows that. . . . I have been contending that we are heading into a new recession. What I am looking at in recovery is that the economy has never really recovered. . . . . The Fed raised rates too much in too fast of a period of time. Had they stretched that over a couple of more years instead of trying to get things back to normal in two years, that might have worked better. What they did was effectively crashed the economy.”

Is there going to be a rate cut? What does Williams think the Fed is seeing right now? Williams says, “I think the Fed is seeing the economy is turning down sharply and that they are in bad trouble with the economy. The way (Jay) Powell talked, and he is the Fed Chairman, indicated that.” So, yes, Williams thinks the Fed will cut rates soon.

On top of that, Williams just had a research study where he asked USAWatchdog.com viewers to email him about the economic situation they see in their home towns all across America. A street level view from people in 33 states was sent in, and Williams found, “It varies by state and it varies by region. The point is it is not uniform, and if you look at the responses, we had most that came in were negative. It was roughly 2.7 negative to one positive.”

So, yet another expert is warning of a slowing economy and money printing to try to fix it all—again. Williams warns, “I can tell you why I would buy gold. You are seeing something here that is extraordinarily dangerous. It doesn’t have a happy ending for the traditional markets. . . . Back when the S&P downgraded the Treasuries, I believe in 2009, Alan Greenspan, who was no longer Fed Chairman at the time but was very vocal, said that was nonsense. He said there was zero risk of the U.S. defaulting on its debt because all the debt the U.S. owes is in dollars. We can print as many dollars that we want, and he’s absolutely correct. . . .The fact that you are making the bonds worthless by devaluing the currency I think is effectively a default, but not a formal default. . . . Greenspan said we can print any number of dollars we need, and that’s exactly what they did to the currency in Venezuela, Zimbabwe and the Weimar Republic. That gives you hyperinflation.”

Join Greg Hunter as he goes One-on-One with economist John Williams, founder of ShadowStats.com.

(To Donate to USAWatchdog.com Click Here)

After the Interview:

There is now more free information on ShadowStats.com. If you want to get even more detailed, original, cutting edge economic data, click here to become a subscriber.

Stay Connected

Related Posts:

https://usawatchdog.com/entering-period-of-perpetual-money-printing-john-williams/ 


Support BeforeitsNews by trying our natural health products! Join our affiliate program
Order by Phone at 888-809-8385 or online at
www.mitocopper.com


Get our Free Ebook, "Suppressed Health Secrets"  with  Natural Cures THEY don't want you to know!

APeX - Far superior to colloidal silver! Destroys Viruses, Bacteria, Pathogens with Oxygen plus Silver!

Supreme Fulvic - Nature's most important supplement! Vivid Dreams again!

Ultimate Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Organic Hemp Extract (CBD) - Full Spectrum high CBD (3300mg) hemp extract eases stiff joints, relieves stress and more!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)


FINAL WARNING!  Diseases are EXPLODING!  Watch this Video about APeX and You'll THROW AWAY Your Colloidal Silver!  APeX destroys Viruses, Bacteria and other Pathogens with the power of Oxygen PLUS Silver!  Nobody else has a product like THIS!   See why the inventor hasn't been sick in 16 years and why you'll never hear about it on the FAKE NEWS!  Get some now and tell your friends about it too so we can reach more people!  


APeX Interview - Superior to Colloidal Silver from Lee Canady on Vimeo.


Learn about APeX Here and Get the 50 Page Report in PDF format.   Call us at 888-809-8385 to order by phone.



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Report abuse
Loading...

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Total 1 comment
    • Canderson

      Greg Hunter talk morals in chivalry rules.

    Loading...
    MOST RECENT
    Loading...
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.