Wednesday, 1 February 2017

John Williams-Dollar Faces Death Knell


Economist John Williams says, “We are facing a terrible crisis. . . . In terms of the Fed (getting control) and the long term solvency issues, these are death knells for the dollar. Unless those are addressed, you are going to see massive selling of the dollar, a debasement of the dollar and high inflation that will lead you into hyperinflation. That’s what comes into play. Prior to this administration, I would have given the chances of avoiding that as nil, but with this administration, I have some hope here.”



[Posted at the SpookyWeather blog, February 1st, 2017.]

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