“And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: 

            And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.”

Revelation 13:16,17


End Of The Road


“Anyone who thinks the U.S. is in a so-called recovery isn't listening to economist John Williams.  He contends, 'We haven't had a recovery and we're not about to have one, and it's getting worse.'  Williams says it's because, 'The consumer is in very serious trouble. . . . The average guy is not making it. His income is not keeping up with inflation.' As far as Congress getting the budget and debt ceiling under control, Williams says, 'Both sides are faced with devil's choices.' If Congress does not get its financial house in order by the new deadline in mid-May 2013, Williams contends, 'It will be the end of the road . . . .  They are not going to have another opportunity . . . they are pushing the limit as it is now.' Williams says he expects, '. . . a negative reaction in the next 3 or 4 months to the dollar.' Williams adamantly continues to predict hyperinflation to the U.S. dollar by the end of 2014."

John Williams

 

John Williams thinks the economy is in worse shape than most people think.  In 2013, Williams predicts, “As this goes forward, you’re going to see we’re going to be in a new recession.”  The Federal Reserve announced last week it is now printing a total of $85 billion every month to reduce unemployment and stimulate the economy.  Williams says, “That’s nonsense. . . . There’s nothing they can do to stimulate the economy.” Williams has long contended the Fed is really just using the weak economy to continue to prop up the banking system.  Williams says, “If the Fed wasn’t doing what it’s doing . . . I’d presume you’d be on the road to a banking system collapse.  The banking system is still in trouble.”  Williams warns the “open-ended” printing of $85 billion a month “. . . will be part of what will eventually become hyperinflation.”   And if there is no deal on the so-called “fiscal cliff,” then Williams expects “heavy selling pressure on the U.S. dollar.”  Join Greg Hunter 

Hyper inflation is virtually Assurred

 TheFederal Reserve is talking about “unlimited QE,” or money printing, to boost employment.  Economist John Williams says,“That’s absolutely nonsense.  The Fed is just propping up the banks.”  Williams says, “You’re likely going to see a dollar sell-off . . . That should evolve into hyperinflation.”   Williams,“Doesn’t see the current system holding together without hyperinflation beyond 2014.”  He contends the real annual deficit is “$5 trillion per year” and says, “That’s beyond containment.”  
Williams predicts, “Hyperinflation is virtually assured because the Fed doesn’t have any options left.”  Williams says people should get prepared because we are facing a “man-made disaster.”   
Join Greg Hunter 

In the simplest of terms, the U.S. dollar will take a beating in the end.  That is going to be the result of all the bailouts and money printing to save an insolvent banking system   Williams has a ...  newsletter that features analysis of what I call the “real” or “true” numbers such as unemployment, GDP and inflation.  These are areas where the government uses accounting gimmicks to make the economy look better than reality.  For example, unemployment is reported by the government to be 8.3%; but if it was computed the way the government did it in 1994 or earlier, the true unemployment would be 22.5%..... The government numbers hide the fact the country and the U.S. dollar are both headed for deep trouble.  



Greg Hunter