ShadowStats’ John Williams: Why inflation now is really 13.5% and will get higher (Pt. 1/2)

• Kitco NEWS
  This is part 1 of 2 of the full interview. Using the same data collection and calculation methodologies as the Bureau of Labor Statistics used in the 1980s, John Williams, the founder of ShadowStats, determined that headline inflation should be much higher than 5.4%, the latest June release. In fact, speaking to David Lin, anchor for Kitco News, adjusted inflation should be closer to 13.5% and is only going to get higher.
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  0:00 – Inflation, adjusted
  6:29 – 13.5% inflation
  8:25 – Money supply vs. inflation
  13:50 – Cryptos and money supply
  14:49 – GDP adjustments
  17:24 – Trade balance and global growth
  19:09 – Unemployment

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