John Williams - Economic Conditions Are Ripe For Hyperinflation

SBTV spoke with John Williams, author of Shadow Government Statistics, about how the real inflation rate is much higher than official numbers and its ravaging effects on the purchasing power of fiat currency users.

Discussed in this interview:
02:03 The government's meddling with the inflation rate
08:55 Inflation warning of a coming crisis?
15:56 Has the economy recovered?
21:37 Difficult times ahead
23:23 Is it pointless to save money?
29:32 Gold and silver still an inflation hedge?
35:14 US dollar parallel
40:44 You need to hold physical gold and silver!

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