Hyperinflation Threat is Real; U.S. Could Become Weimar Republic – ShadowStats’ John Williams

• Kitco NEWS
  Watch part 1 of the interview on the actual inflation rate, according to ShadowStats: https://youtu.be/gRlyuksgFJA
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  John Williams, founder of ShadowStats, discusses with David Lin, anchor for Kitco News, why the U.S. is headed towards hyperinflation. Williams, who calculates the inflation rate using methodology the U.S. government used in the 1980s before revisions, estimated that the current rate of inflation is already 13.5 %, much higher than the 5.4% that the Bureau of Labor Statistics reported for June.
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  0:00 – Is inflation only transitory?
  3:20 – Hyperinflation threat
  7:40 – Maintaining standard of living
  10:32 – Gold as inflation hedge
  12:47 – Other inflation hedges
  15:04 – Causes of hyperinflation
  21:08 – John Williams’ background

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