In this episode, Andy interviews John Williams from Shadow Stats about the current state of inflation and the Consumer Price Index (CPI). They discuss the impact of recent weather events on the economy, historical changes to CPI calculations, and the real inflation rates compared to the official figures. John Williams explains the risks of a high inflationary recession and suggests holding physical gold as a hedge. He also shares his perspectives on the Federal Reserve’s actions, the potential for hyperinflation, and the need for stability in the banking system. This video dives deep into the complexities of economic indicators and the broader implications for consumers and investors alike. For more info about John’s work, please visit: https://www.shadowstats.com/ Or email John at: johnwilliams@shadowstats.com
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