The next Great Depression is upon us and it will be a hyperinflationary depression. That, according to our guest this week, John Williams, on the Retirement Lifestyle Advocates Radio program. Your host, Dennis Tubbergen talks with John Williams about his forecast, and about how you can protect and preserve your wealth in the difficult years ahead.
Mr. Williams is a consulting economist who maintains the website Shadow Stats.com. He tracks and reports economic data using the methodologies formerly used by government agencies prior to changes being made to make the reported data look more favorable, and estimates the true, real inflation rate to be significantly higher than the reported rate.