As the Coronavirus continues to keep the overall economy on hold and unemployment numbers begin to climb dramatically, we wonder if we’ll be able to bounce back once the virus is under control and what impact the government response will have in the long term? This week on Retirement Lifestyle Advocates Radio, your Host Dennis Tubbergen talks with economist John Williams and gets his thoughts about unemployment and the potential for hyperinflation.
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.
For more information about Retirement Lifestyle Advocates, please visit www.RetirementLifestyleAdvocates.com. For information about John Williams and Shadow Stats, please visit www.shadowstats.com.