Greg Hunter: Federal Reserve Now Zimbabwe!! Buy Gold - Coming Hyperinflation Makes Dollar Worthless!! – John Williams Video
By Greg Hunter’s USAWatchdog.com
While the country was distracted with the Covid-19 lockdown and economic crisis, the Federal Reserve made a huge banking requirement change never before done in history. The Fed cut “. . . reserve requirement ratios to zero percent effective March 26, 2020. This action eliminated reserve requirements for all depository institutions.” (Read for yourself here.) What does this profound change mean? Economist John Williams says, “The system is bankrupt, and they are just spending the money to prevent an immediate collapse as opposed to having it collapse right now. They have cut reserve rates back to 0%. The bailout of the banking system of the ‘Great Recession’ didn’t work. So, now, they are just printing money and bailing out whatever they have to. People have done this throughout history including the Weimar Republic (Germany hyperinflation) and Zimbabwe (also had hyperinflation). . . . We effectively have a Zimbabwe Fed.”
So, the Fed is going to print all the money it needs to bail out every bank that needs one? Williams says, “That’s exactly what they said they are going to do, and not only any bank, but any financial institution, the stock market, and with infinite money, you can do all sorts of things. But guess what? You also get a hyperinflation. They have crossed the line. That’s why you want to own physical precious metals.”
On the economy decimated by the forced Covid 19 lockdown, Williams, who is the founder of Shadowstats.com, computes data without all the accounting gimmicks to make things look better than they really are. Williams says, “We have about 40 million unemployed . . . which is about a 40% unemployment rate (using Shadowstats.com methods) and not 13% claimed by the government . . . . The pandemic collapsed economy took very heavy hits. The April numbers on industrial production had its worst drop in its 101 year history. The drop in April retail sales was the deepest drop in its 73 year history. That was a 60% to 80% contraction. . . . I think we are going to see a GDP contraction in the second quarter of about -50%. . . . April GDP is 50% down, and there you have the full effect of the collapse. . . . We will bottom out in the second quarter, and it might bottom bounce in third quarter, but it should start coming back in fourth quarter.”
Williams says not to worry about the hits on price crashing manipulations on gold and silver, especially in the face of massive record money printing. Williams says, “The price manipulation is to try to kill it. Central banks hate gold (and silver) because it shows they are not doing their job. I measure unemployment the way it used to be measured by the government, and I also measure the way inflation used to be measured. . . . Gold kept up with actual inflation and your actual out of pocket expenses. Gold is going up right along with real inflation. (ShadowStats.com computations say the real inflation rate in America currently averages 9% per year.) . . . . I am looking for a hyperinflation. As this money get pumped out there, you will continue to see prices rise, and you are going to see some acceleration there. In hyperinflation, it will be so rapid the currency is worthless to you.”
Join Greg Hunter of USAWatchdog.com as he goes One-on-One with economist John Williams, creator of Shadowstats.com.
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After the Interview:
Williams also said, “The fact the Fed cut reserve requirements at banks to a historic 0% is a pretty good sign we are close to the end. Not even in the ‘Great Recession’ did they do that because they thought they could still pull it back around, but not now.”
There is some free information on the homepage of ShadowStats.com. For detailed hard hitting original reports, you can become a subscriber by clicking here.
This segment is sponsored by Discount Gold and Silver Trading. Ask for Melody Cedarstrom, the owner, at 1-800-375-4188.
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Nahh that is totally wrong as long as the US$ is the world’s reserve currency, the rest of the World is forced to pay your bill.
At some point “they” will introduce a new system.
The “Chinese” or perhaps BRICS wanna go on as usual, with the change, that they now are holding the reserve currency status; Not going to happening.
The “General” Billy the Gates version of total slavery; Not going to happening.
The third way; “forbidden” energy technology introduced? And then what?
Hmm Trillion dollars packages; unpayable –> = at some point the whole World’s economy will fail; it already failed, but I mean totally fail. Then every country needs to be self-sufficient; and their UN plan always been of the opposite, =interdependence. (Commies/ but they say they are not Commies (not as in useful idiots they are not)/Satanists/Slavers and Emperors they are.
If you go for gold; can you hold on to it? Probably not. Guns and Ammunition to give them a fight is better!
https://www.youtube.com/watch?v=bubOcI11sps
Kent – Ingenting
https://www.youtube.com/watch?v=5IdPdQTwSDA
https://www.youtube.com/watch?v=RJGNLjVSymU
Invest half of your ~wealth; must be of liquidity in freedom; lend on property and use it for Freedom. One criminal gang owning it all, not good, not good at all.
You are continuing in a world of yesterday with your heads berried in the sand and are saying invest in Gold; this is utterly bad to say in a changing World, to even think that gonna work (it is stupid to say the least); they have planned for a totalitarian World; and both Illuminati rules and Communist manifesto concur on one thing besides central Banks; the abolition of private property. When are you gonna wake the fuck up? Never?
“Marx defended the right to a freedom of the press, arguing in 1842 that restrictions, like censorship were instituted by the bourgeois elite.”
“Let the dead bury the dead” explained
http://www.cuttingthroughthematrix.com/audio/Alan_Watt_on_TruthHertzRadio_w_CharlesGiuliani_Aug172007.mp3
“
The Council of Foreign
Relations
, established in New
York on July 29, 1921, was a
front for J.P. Morgan and
Company (in itself a front for
Rothschild banking) in
associations with this country’s
American Round Table Group.
..Since 1925, substantial
contributions from wealthy
individuals
and foundations
associated with the international
banking fraternity have financed
the activities of Round Table
groups know as the Council on
Foreign Relations.
By controlling government
through the CFR, the power
brokers are able to control
America’s economy, politics, law,
education and day to day
subsistence….The CFR is an
extension of the old world
imperialistic British oligarchy.
”
Dr. James W. Wardner, author
of the book “The Planned
Destruction of America
http://www.freedomforallseasons.org/Brotherhood%20of%20Darkness%20-%20Working%20Copy%20New%20Background.pdf
The Fabian Society Exposed /Fabian socialism – Scientific Socialism
https://www.youtube.com/watch?v=Fc-OxtJYJ9g
Democracy is indispensable to socialism. – Vladimir Lenin
Marx defended the right to a freedom of the press, arguing in 1842 that restrictions, like censorship were instituted by the bourgeois elite. He claimed censorship is a tool of the powerful to oppress the powerless.
Communism cannot exist without biased reporting, censorship, and other restrictions against individual expression. “Individuals” cannot exist in a collective, socialist state.
The “common good” outweighs individual rights, and any news deemed unfit or threatening to the common good cannot be permitted. But as always some are more
equal than others.
Neocon, Socialism for the rich: (42:10)
https://youtu.be/5fbvquHSPJU?t=2426
Hillary admits she gets her NWO marching orders from the CFR
https://www.youtube.com/watch?v=W8hsy-G1dFQ
Agenda 21 roots UN UNCED Earth Summit 1992 by whistleblower George Hunt
https://www.youtube.com/watch?v=RM–CB0zBrw
This is utterly wrong:
Modern Communism/Satanism “I am not a person of despair.I am a person of hope, and I think that we have to tolerate the inequality as a way to achieving greater prosperity and opportunity for all”
https://youtu.be/5fbvquHSPJU?t=2750
What are you going to do about it? Fight or give up?