John Williams: The Real Unemployment Rate: 22%−Not 8.1%!
- Listen to what John Williams (www.shadowstats.com) say. You cannot trust the official US labor and inflation statistics! They are propaganda BS! Transcript of interview is here!
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John Williams: The Real Unemployment Rate: 22%−Not 8.1%!
by James J Puplava CFP, http://www.financialsense.com/
The coming fiscal cliff: hyperinflation on track for 2014
Jim welcomes back John Williams from Shadow Government Statistics. John believes the real unemployment rate is 22%, not 8.1%, which is why it still feels like a recession. He also calculates the CPI at 6%, not 2.8%, and explains how the government manipulates the rate of inflation. Lastly, John believes the US is still on track for hyperinflation in 2014 as we near the coming fiscal cliff.
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