Silver Report Uncut: Hyperinflationary Economic Collapse by 2022 According to John Williams

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Silver Report Uncut
May 25, 2021

Inflation is much higher than official predictions and the main differences are very deceiving. Food prices and apparel were where it hit consumers in the inflation during the 70’s though comparing the food in the grocery store today to the fresh natural food that was common in the 70’s is completely ridiculous. Back in the 70’s all of the food would be considered organic by today’s standard and would only be available to those willing to pay top dollar, it’s kind of sad actually. Comparing the same natural foods today reveals insane inflation in food prices.

Economist John Williams, the founder of ShadowStats.com, says the Federal Reserve has painted itself into such a tight corner with the economy it really has only two choices. Williams says it comes down to “Inflation or Implosion.”

Williams explains,

“You could see financial implosion by preventing liquidity being put into the system. The system needs liquidity (freshly created dollars) to function. Without that liquidity, you would see more of an economic implosion than you have already seen. In fact, I will contend that the headline pandemic numbers have actually been a lot worse than they have been reporting. It also means we are not recovering quite as quickly. The Fed needs to keep the banking system afloat. They want to keep the economy afloat. All that requires a tremendous influx of liquidity in these difficult times.”

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