Thread: John Williams of Shadow Stats on Goldseek Radio

John Williams on Goldseek Radio - Aug. 24, 2011

Video: http://www.youtube.com/watch?v=vVfYi9cw ... r_embedded

Aug 25, 2011

The real data suggest everything the Federal Reserve is reporting, and mouthpieces like Mr. Gross are parroting, is nothing short of deceptive.

Well known economist and contrarian statistician John Williams, who incidentally is not an amateur, provides a concise explanation for how you’re losing purchasing power to inflation everyday.

Williams says, for example, that Social Security cost of living adjustments, if the government had utilized real data, should be double what they are today. Of course, that is simply not economically feasible for a government run retirement system that is a few years from collapsing using even manipulated data.

In an interview with Goldseek Radio, John Williams, proprietor of the popular alternative statistics web site Shadow Stats, provides those with the desire to understand the real numbers a concise explanation of how the government calculates their statistics, why the need for manipulation, and what the real data are actually saying:

[b]John Williams Forecasts: “Catastrophe Aheadâ€

http://www.shadowstats.com/alternate_da ... ent-charts