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John Williams

John Williams

Economist and founder of ShadowStats.com (Shadow Government Statistics), known for criticizing official U.S. CPI, unemployment, and GDP figures.

Aug 21, 2026

8:20
So we got the markets rallying because that's more money printing.
8:24
Yep.
8:25
Yep.
8:26
No, they'll, uh, go to the hyperinflation if, uh...
8:30
Well, they're, they're already on, they're solidly on that course.
8:33
And then you, then you have the big crisis and, uh, you know, re- revaluation of currencies and such, and maybe if you go back to the gold standard or something like that.
8:42
I mean, th- this has happened to other, other countries before, but we're, we're the world's leading economy, and, uh, we've got the, the worst, uh, underlying real inflation I'd ever, ever seen.

6 MINS LATER

14:55
Tell our listeners more about that.

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