Commentary due out later this afternoon. Watch part 1 of the interview on the actual inflation rate, according to ShadowStats: https://youtu.be/gRlyuksgFJAJohn Williams, founder of ShadowStats, disc. John Williams: How to Survive the Illusion of Recovery. As he explains, his ShadowStats alternate unemployment is equal to U-6 plus an estimate of what he calls long-term . Please click on a chart or link to view details. The ShadowStats-Alternate Consumer Inflation Measures were created by reverse-engineering the CPI-U-RS series, and adding in estimates of the inflation effects of factors not otherwise estimated by the BLS, such as more-frequent (two-years versus ten-years) reweighting of the CPI series. Williams, who calculates the inflation rate using methodology the U.S. government used. We talk to John Williams of Shadowstats about government statistics and the current economy. and Shadowstats inflation measure (13.38%) we arrive at 9.39% annual inflation rate for June. And remember, when the Fed has to admit the official inflation rate is 10%, John Williams says, "When they have to admit the inflation rate is 10%, my number is going to be up to around 15% or higher. There are those predicting inflation, those predicting deflation, those in between and then there's the ultra-hardcore . Gold is trading at just $1,750, still needing to advance 43% to reach $2,500 and more than 400% to reach the true inflation-adjusted high of $8,890. According to that yardstick, consumer prices increased a whopping 13.4% in September. To include Explistats March "trend" num. 1/2) Watch on Using the same data collection and calculation methodologies as the Bureau of Labor Statistics used in the 1980s, John Williams, the founder of ShadowStats, determined that headline inflation should be much higher than 5.4%, the latest June release. The CPI on the Alternate Data Series tab here reflects the CPI as if it were calculated using the methodologies in place in 1980. Posted July 11th, 2011 by Daniel Duval & filed under King World News, ShadowStats.com.. Dear CIGAs, With so many questions surrounding the U.S. dollar and rising inflation, today King World News interviewed internationally followed John Williams of Shadowstats to get his take on the U.S. dollar, Fed and hyperinflation. And remember, when the Fed has to admit the official inflation rate is 10%, John Williams says, "When they have to admit the inflation rate is 10%, my number is going to . John Williams. The act of foreclosing, especially a legal proceeding by which a mortgage is foreclosed. New York Fed President John Williams discusses the U.S. September jobs report, the state of the economy, the Federal Reserve's neutral rate, and his inflation expectations. Jul 19, 2021 Guest (s): John Williams Founder, ShadowStats Using the same data collection and calculation methodologies as the Bureau of Labor Statistics used in the 1980s, John Williams, the founder of ShadowStats, determined that headline inflation should be much higher than 5.4%, the latest June release. U.S. Dollar. Inflation, Money Supply, GDP, Unemployment and the Dollar - Alternate Data Series. And remember, when the Fed has to admit the official inflation rate is 10%, John Williams says, "When they have to admit the inflation rate is 10%, my number is going to be up to around 15% or higher. The July 2011 Consumer Price Index for Urban Consumers (CPI-U) released yesterday puts the June year-over-year inflation rate at 1.66%, which is less than half the 3.82% average since the end of the Second World War. Tags: Fundamental Analysis, Gold, gold purchasing power, Greg Hunter, Hard Asset, hyperinflation, inflation, inflation hedge, John Williams, prepping, real assets, Shadow Stats, silver, unemployment rate, US dollar collapse. He heads up Shadowstats.com, and is one of the few economists who crunches the numbers to give unvarnished true statistics. Unemployment. The Fed has lost control of inflation. The bailout of the banking system of the 'Great Recession' didn't work. As Tom Elliott tweeted, "consistent data is available via ShadowStats, where economist John Williams updates inflation data using the Fed's original CPI calculator."Regarding inflation, ShadowStats says "[i]n general terms, methodological shifts in government reporting have depressed reported inflation, moving the concept of the CPI away from being a measure of the cost of living . Use of understated inflation results in overstated real, or inflation-adjusted, growth. The Fed has lost control of inflation. (To Donate to USAWatchdog.com Click Here) Republishing our charts: Permission, Restrictions and Instructions (includes important requirements for successful hot-linking) Adjusted for real inflation of about 7%, Williams says, "GDP has plunged . Williams told David Lin,. Best Wishes -- John Williams O P E N I N G .. H E A D LI N E S - A sampling of the most recent ECONOMIC, INFLATION, FEDERAL RESERVE (Monetary) and POLITICAL Headlines: It is hard to think of a website so loved by its followers and so scorned by economists as John Williams' ShadowStats, a widely cited source of alternative economic data on inflation and other economic indicators. The 2019 inflation . Right now, the Shadowstat.com inflation rate is above 11%. This is because he states that these numbers have been manipulated over the past 25 years for nefarious political reasons. 1171. If you have any questions or otherwise would like to communicate with me, please e-mail johnwilliams@shadowstats.com or call (707) 763-5786. We're looking at 17% . Adjusted for real inflation, the 1980 gold high of $850 is now $8,702, and the 1980 silver high of $49.45 is now a whopping $506/oz. Transcript for ShadowStats' John Williams Explains Why It's All Been Downhill Since 1973. With silver trading at just $33, it would need to climb 355% to reach its official inflation-adjusted . Inflation. Gross Domestic Product. . Williams told David Lin, anchor for Kitco News, that the true headline CPI number is loser to 15%, not 7%, as reported by the Bureau of Labor Statistics. Williams told David Lin, anchor for Kitco News, that the true headline CPI number is loser to 15%, not 7%, as reported by the Bureau of Labor Statistics. (Thank you,. "If you look at the government's latest statistics - the poverty survey of 2009, which is the most recent release, with average and median household income adjusted for inflation (and they use a really gimmick low inflation rate with that one) - it shows that . Inflation really should be much higher than what the government is reporting, said John Williams, founder of ShadowStats. And remember, when the Fed has to admit the official inflation rate is 10%, John Williams says, "When they have to admit the inflation rate is 10%, my number is going to be up to around 15% or higher. Join Greg Hunter as he goes One-on-One with economist John Williams, founder of ShadowStats.com. Money Supply. Williams, "Doesn't see the current system holding together without hyperinflation beyond 2014.". Kitco News: John Williams, founder of ShadowStats, calculates inflation using the same methodology that the government used to have for calculating the consumer price index (CPI). The CPI chart on the home page reflects our estimate of inflation for today as if it were calculated the same way it was in 1990. Noted Scottish loon Niall Ferguson cites them to back up his arguments, to much mocking by . Watch part 2 on hyperinflation: https://youtu.be/jzwU_UOwVMIUsing the same data collection and calculation methodologies as the Bureau of Labor Statistics us. john williams says no matter who wins money printing is assured and thus so is higher gold and silver prices a look at the debt clock shows gold valued at $32,593 per ounce and silver at $4,273 per ounce just based upon the dollars already printed at just one tenth these values we should have one ounce of gold selling for $3,259 and one ounce John Williams currently analyzing all of today's numbers. He contends the real annual deficit is "$5 trillion per year" and says, "That's beyond containment.". My number rides on top of their number." Right now, the Shadowstat.com inflation rate is above 11%. . Latest CPI Data Shows Inflation at 1.66% vs. ShadowStats' 9.26% - Which is More Accurate? He speaks with . But if the mainstream news actually reported such a number, everyone would be screaming and yelling about . Economist John Williams says, "The system is bankrupt, and they are just spending the money to prevent an immediate collapse as opposed to having it collapse right now. 0 More posts from the economy community 3.0k REUTERS/Carlo Allegri/File Photo It predicts financial authorities will make a formal admission that the economy is in a state of collapse and in recession on or around September 2019. But real inflation could be even higher if we measure it using the BLS's methodology from 1980. And if the rate of inflation was still calculated the way that it was back in 1980, it would currently be sitting at about 13 percent. John Williams of Shadowstats.com, a leading online alternative economic-resource sees the potential for an explosive move in the PMs sector / commodities. Corrected for the inflation issues, actual GDP plunged into 2008 and 2009 . My number rides on top of their number." Right now, the Shadowstat.com inflation rate is above 11%. This Historical Inflation Calculator will calculate the amount of CPI price inflation between any two dates from 1913 up to the latest month reported by the U.S. Bureau of Labor Statistics (BLS). Even more dramatic is the potential return for silver between now and the final parabolic top. Shadow Government Statistics or Shadowstats is a blog run by John Williams in which he re-analyzes government economic/unemployment published statistics in order to restate them. Just some quick math suggest that if this argument was true, than we have had over 5% annual "inflation" since the late 80s and over a 5.5 fold increase in prices since 2000. Define foreclosure.foreclosure synonyms, foreclosure pronunciation, foreclosure translation, English dictionary definition of foreclosure.n. Via Greg Hunter's USAWatchdog.com, Economist John Williams, founder of ShadowStats.com, says the Federal Reserve has painted itself into such a tight corner with the economy it really has only two choices. So begins economist Ed Dolan in "Deconstructing ShadowStats. According to Shadowstats, the official inflation numbers are significantly understated - consumers are being robbed as the pace of price . This is covered by ShadowStats in the following quotation. ShadowStats' John Williams Friday September 04, 2015 16:26. Economist John Williams, founder of ShadowStats.com, says the Federal Reserve has painted itself into such a tight corner with the economy it really has only two choices. John Williams of Shadowstats has released new all-time high values for gold and silver in SGS-Alternate-CPI-adjusted dollars. While prices have gone up, I don't think any reasonable person will agree "prices" are 550% of what they were in 2000. This saves the government billions upon billions of dollars when they calculate the annual Social Security COLA. Source: . The latest headline consumer price index (CPI), as reported by the Bureau of Labor Statistics, was 7%. Either way, one would expect the current cycle to climb somewhere well above $2,400 before claiming that a. 983-B ( ShadowStats.com) which is of interest to every American. Our. Williams predicts, "Hyperinflation is virtually assured because the Fed doesn't have any options left.". John Williams of Shadowstats still calculates it the old way, based on the 1980 method. Williams says everyone should hold a core position of physical gold and silver because they will work well as financial protection from a dollar sell-off and inflation. ShadowStats' John Williams: Why inflation now is really 13.5% and will get higher (Pt. The Fed has lost control of inflation.". My number rides on top of their number." Right now, the Shadowstat.com inflation rate is above 11%. Best Wishes -- John Williams O P E N I N G .. . Williams says that major changes to the Consumer Price Index were made between 1997-1999 in an effort to reduce Social Security outlays, using controversial changes by Alan Greenspan that include "hedonic regression", or the increased quality of goods. Separately, headline GDP growth is overstated by the use of too-low an inflation rate in deflating the series. My number rides on top of their number." Right now, the Shadowstat.com inflation rate is above 11%. I've excerpted some quotes from economist John Williams' most recent economic commentary No. John Williams interviewed on GoldSeekRadio. Williams made this prediction in 2004! According to economist John Williams (ShadowStats.com) the Consumer Price Index (CPI), the government's measure of the cost to maintain a constant standard of living, is no longer measured by the CPI. " And remember, when the Fed has to admit the official inflation rate is 10%, John Williams says, "When they have to admit the inflation rate is 10%, my number is going to be up to around 15% or higher. 1. In general terms, methodological shifts in government . Both John Williams at Shadowstats.com and Ed Butowsky at Chapwood Investments have done work on the inflation bias, and both conclude that inflation reality is much higher than that reported by . 2) Gold Has Not Come Close to the Inflation-Adjusted High from 1980 - That would put gold around $2,400 according to official inflation statistics or $8,890 according to the inflation statistics used by John Williams of ShadowStats.com. My number rides on top of their number.". Williams says people . John Williams, founder of ShadowStats, discusses with David Lin, anchor for Kitco News, why the U.S. is headed towards hyperinflation. They have cut reserve rates back to 0%. Chris Martenson: Welcome to this podcast.I am your host, Chris Martenson, and today we are talking with a man whose work I admire very much and who was single-handedly responsible for exposing me . Join us at our online Gold and Silver Summit on August 6-7https://goldsilverpros.com/namms2020/We talk to John Williams of ShadowStats.com about government s. One-on-One with John Williams. . Anyone who thinks the U.S. is in recovery should stop listening to the mainstream media and listen to John Williams. John Williams, founder of ShadowStats, calculates inflation using the same methodology that the government used to have for calculating the consumer price index (CPI). " And remember, when the Fed has to admit the official inflation rate is 10%, John Williams says, "When they have to admit the inflation rate is 10%, my number is going to be up to around 15% or higher. . In this Gold Report interview, he blames mal-adjusted inflation statistics for creating an alternate reality that . . Below is the transcript to ShadowStats' John Williams Explains Why It's All Been Downhill Since 1973:. [3] The ShadowStats Alternate-Data Unemployment, GDP, Money Supply and CPI series are detailed on their respective ALTERNATE DATA TABS (see the links above). Why is it so Loved by its Followers but Scorned by [] Source: JT Long of The Gold Report (2/8/13) There is no economic recovery, and there are no signs that a recovery is coming, says Shadowstats.com author John Williams. economics; foreclose; legal proceeding; proceeding; proceedings; Property and Ownership; redeem; short sale.. Assistance for FHA-Insured So, now, they are just printing money and bailing out . The government now uses consumer substitution theory when calculating consumer product inflation. Alternate Inflation Charts. John Williams of Shadowstats.com has a chart that shows what today's inflation would be if measured the same way it was back then (see chart at the top of this blog). 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