Hyperinflation Guaranteed - John Williams
GoldSeek Radio’s Chris Waltzek talks to John Williams of Shadowstats
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This is the third, maybe 4th, time that Williams has “guaranteed” hyperinflation.
We’ve been seeing the only ALTERNATIVE to hyperinflation, given the massive increase in the money supply.
And that is the elimination of jobs, to reduce demand for goods and services. To reduce the velocity of money.
There is a limit to how far you can go with that. Keeping so many out of work altogether, and keeping others in part time, low wage jobs.
Keeping the money out of the public’s hands, using it to inflate stock prices.
https://research.stlouisfed.org/fred2/graph/?s%5B1%5D%5Bid%5D=AMBNS
The monetary base: 621 billion in 2000. FOUR TRILLION in October, 2015.
The increase in money supply is not matched by production of goods and services. It is inflation. It is a reduction in the value of the US dollar.
I did that to a balloon once. And to a Condom, many times.