The
Federal 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 as he goes One-on-One with John Williams
of Shadowstats.com.
