{"id":61833,"date":"2022-02-09T14:25:09","date_gmt":"2022-02-09T19:25:09","guid":{"rendered":"https:\/\/olduvai.ca\/?p=61833"},"modified":"2022-02-09T14:25:09","modified_gmt":"2022-02-09T19:25:09","slug":"fed-rate-hike-will-cause-hyperinflationary-great-depression-john-williams","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=61833","title":{"rendered":"Fed Rate Hike Will Cause Hyperinflationary Great Depression \u2013 John Williams"},"content":{"rendered":"
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Fed Rate Hike Will Cause Hyperinflationary Great Depression \u2013 John Williams<\/a><\/h3>\n<\/header>\n
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\"\"<\/a><\/strong>Economist John Williams says the economy is in deep trouble, and the Fed knows it.\u00a0 Williams says the Fed talking up \u201crobust economic growth\u201d that is causing inflation is \u201cnonsense.\u201d Williams explains, \u201cThe one thing that is not causing inflation is \u2018robust economic growth.\u2019\u00a0 So, when they talk about raising interest rates to kill this robust economic growth that\u2019s triggering the inflation, that\u2019s absurd, and the Fed knows it. . . .\u00a0<\/span>If the Fed foolishly raised rates as reflected in the payrolls as not being fully recovered, you are going to have a sharp downturn, a double dip depression here.\u00a0 At the same time, you are still going to have the inflation.\u00a0 You are going to end up with an inflationary depression or a hyper-inflationary Great Depression.\u201d<\/p>\n

According to Williams\u2019 forecast, \u201cIn terms of a crash, I am looking for much higher inflation, maybe hyperinflation, and I am looking for the economy to crash.\u00a0 You can address the inflation by personally holding physical gold and silver.\u201d<\/p>\n

So, jobs are going to disappear?\u00a0 Williams says, \u201cThey already have, but hopefully all the effects of the pandemic will disappear, and people will get back to work, but that is not happening now.\u00a0 There is no sign of it getting better.\u00a0 In fact, the numbers are indicating it\u2019s getting worse. . . . The holiday retail economy in November and December declined at the worst pace since the Great Recession.\u00a0 You had a negative holiday shopping season.\u00a0 That\u2019s not a booming economy.\u201d<\/p>\n

On top of that, Williams says the real inflation rate is 14.8 %, if you disregard all the gimmicks the government uses to make inflation look less than what it really is.\u00a0 Williams says, \u201cThat\u2019s the highest inflation rate since the Truman Administration.\u201d<\/p>\n

\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Fed Rate Hike Will Cause Hyperinflationary Great Depression \u2013 John Williams Economist John Williams says the economy is in deep trouble, and the Fed knows it.\u00a0 Williams says the Fed talking up \u201crobust economic growth\u201d that is causing inflation is \u201cnonsense.\u201d Williams explains, \u201cThe one thing that is not causing inflation is \u2018robust economic growth.\u2019\u00a0 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[303,8757,413,431,459,534,13351,1948,3650,9699],"class_list":["post-61833","post","type-post","status-publish","format-standard","hentry","category-economics","tag-fed","tag-greg-hunter","tag-hyperinflation","tag-interest-rates","tag-john-williams","tag-monetary-policy","tag-price-inflation","tag-rate-hike","tag-us-federal-reserve","tag-usa-watchdog"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/61833","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=61833"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/61833\/revisions"}],"predecessor-version":[{"id":61834,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/61833\/revisions\/61834"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=61833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=61833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=61833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}