- John Williams’ from Shadow Government Statistics an electronic newsletter service rejoins the show with his latest economic insights.
- In the May 2021 report, he notes “Basic M1” Money Supply Growth Jumped to a Record 81.0%, above Its Pre-Pandemic Trough.
- Next John Williams discusses the GDP annual growth, which essentially tracks the productive output of the nation; while the current official GDP figure is at Great Recession low levels, his number is more troubling:
- The third noteworthy STs graph, shows your inflation level near 10%, this suggests that every dollar earned is worth 10% less while the cost of goods are increasing 10%, a combination punch:
- His analysis suggests ultimate economic endgame may be unavoidable, a hyperinflationary collapse.
- Listeners are encouraged to prepare their investment portfolios’ with ample gold and silver reserves to.
About the author
Chris Waltzek is host, executive producer, writer/editor, best-selling author, webmaster, sound engineer and computer guru at Goldseek.com Radio. He earned his bachelors degree in Business Economics and holds a dual MBA in Business Economics & Information Systems. Upon graduation he worked as the firm-wide Industry Analyst at one of the nations largest law firms, Jones, Day, Reavis, Pogue. Chris is currently a Ph.D. student in Management / Finance at NCU.
