Recorded on June 24, 2014
For a transcript of the interview, visit http://www.sprottmoney.com/news/ask-the-expert-john-williams-june-2014
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Sprott Money News is proud to present Ask The Expert.
In this exclusive interview, John Williams answers questions from our followers regarding hyperinflation, gold prices, and gold standard.
Video Rating: 4 / 5
No Im pretty sure John Williams writes film scores
*WARNING: Massive INFLATION & HYPERINFLATION of the DOLLAR is on the Way,
As in “NO PURCHASING POWER” — John Williams*
http://investmentwatchblog.com/warning-massive-inflation-hyperinflation-of-the-dollar-is-on-the-way-as-in-no-purchasing-power-john-williams/#UDb4jSK60FZR6Wao.99
The interviewing host needs to stop saying, “MMMM HMMMM” Arg!
John Williams is talking out his ass when he talks hyperinflation, 98% of
the currency supply is CREDIT, not FRNs. When the ‘dollar’ collapses that
CREDIT is going to POOF! out of existence and all everyone is going to be
left with are the debts with no currency to pay.
*WARNING: Massive INFLATION & HYPERINFLATION of the DOLLAR is on the Way,
As in “NO PURCHASING POWER” — John Williams*
http://investmentwatchblog.com/warning-massive-inflation-hyperinflation-of-the-dollar-is-on-the-way-as-in-no-purchasing-power-john-williams/#UDb4jSK60FZR6Wao.99
How about the simple fact (that) the value of money is based on confidence.
The current iteration of the U$ dollar has been propped up by the FED whom
controls its value. However, ultimately its value is determined by people.
I think what everyone is trying to say – IS THAT Hyperinflation will come
as natural devolution. Nothing new under the sun. Ancient Rome and Greece
are two examples of debasing currency. Finally – since all FRN’s exist as
debt, if all debt is paid off there is no more money. The banks/Fed don’t
ever want National/Personal debt to be paid off.