John Williams: The Endgame – The Only Path Left Leads to Higher Inflation
This Financial Sense Newshour program is available only as a premium, paid "FS Insider" release.
For advance notice of release of premium, paid "FS Insider" content or to purchase a monthly or annual subscription to "FS Insider" content, go to www.financialsense.com/subscribe.
Jim welcomes back John Williams from Shadow Government Statistics. John looks at what’s coming ahead, and he sees a bleak situation. John believes there are simply too many unfunded liabilities to tax our way out of this situation. The only path leads to higher inflation, and none of the proposed political solutions will fix the problem. The only realistic way out is to drastically reduce entitlements, which John sees as politically impossible. He sees higher tax rates leading to slower growth, higher unemployment, and economic recession, or worse.
John received an A.B. in Economics, cum laude, from Dartmouth College in 1971, and was awarded a M.B.A. from Dartmouth's Amos Tuck School of Business Administration in 1972, where he was named an Edward Tuck Scholar. During his career as a consulting economist, John has worked with individuals as well as Fortune 500 companies. Formally known as Walter J. Williams, his friends call him John. For nearly 30 years, John has been a private consulting economist and, out of necessity, had to become a specialist in government economic reporting.
About James J Puplava CFP
|01/23/2017||The Next 10 Years: High Risk for Boomers||bcast|
|01/21/2017||Forecast 2017: Expect the Unexpected||bcast|
|01/21/2017||Tom McClellan: Positive Market Outlook Long-Term||bcast|
|01/17/2017||Dr. Amy Myers on the Thyroid Connection: Why You Feel Tired, Brain-Fogged, and Overweight||bcast|
|01/16/2017||How to Get Into Financial Shape for the New Year||bcast|
|01/14/2017||Forecast 2017: The Oracles||bcast|
|01/14/2017||Gary Dorsch on Stocks, Bonds; Frank Holmes on Gold, Oil||bcast|
|01/10/2017||Lifetime Income Series: Karen Covy on “When Happily Ever After Ends”||bcast|