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Thursday, December 23, 2010

Economist John Williams warns of Hyperinflation

John Williams on the Financial Sense NewsHour 14 Dec 2010

Economist John Williams, editor of ShadowStats.com, a popular website that tracks real inflation figures, says hyperinflation is inevitable. He is advising people to hoard physical gold as well as food items in bulk so that they have some means with which to barter as the economic crisis turns ugly. Williams says government may start giving out free toilet paper … er … money! below is the interview with Jim Puplava of the  Financial Sense Newshour.

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