GSR interviews JOHN WILLIAMS (Video)…”our guest has identified a singular means to escape what he views as inevitable North American, hyperinflation, via gold and silver coins / bars.”
BY GOLD SEEK
THEDAILYCOIN.ORG
SEPTEMBER 20, 2018
GSR interviews JOHN WILLIAMS Video – Radio GoldSeek
Recap:
John Williams of Shadowstats.com returns to the show with dire comments on the domestic economy.
US policymakers have attempted to revive the domestic economy via $14 trillion QE policies requiring $100 billion per month in QE operations.
9 interest rate increases will occur in the current rate hike cycle as of December, 2018 (Hunter & Pento, 2018).
The official economic numbers may be skewed – when properly adjusted for Real inflation (10% vs. 3% officially) retail sales are flat to negative.
All the world’s key central banks have plans to lower / halt QE operations by the end of 2018, reversing from net positive QE to net negative QE.
The plan will contract the Fed’s balance sheet while significantly lowering financial liquidity to the detriment of US shares / Treasuries.
John Williams doubts policymakers will remain hawkish for long as the global QE liquidity must continue to maintain US dollar reserve currency hegemony.
Given his assumption that the purchasing power of the reserve currency is “doomed,” our guest has identified a singular means to escape what he views as inevitable North American, hyperinflation, via gold and silver coins / bars.
