InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,098.97
(
1.00%
)
US TECH 100
17,230.40
(
1.49%
)
Dow Jones
38,270.81
(
0.49%
)
Brent Oil
88.13
(
-0.03%
)
Bitcoin
64,371.82
(
-0.18%
)
Post# of 9133
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

shermann7

Send PM Follow Ignore
Followers 214
Posts 61058
Boards Moderated 3
Alias Born 09/22/2005

shermann7

Member Level

Re: None

Tuesday, 07/24/2018 2:54:35 PM

Tuesday, July 24, 2018 2:54:35 PM

Post# of 9133
John Williams Hyperinflation 2018 VIDEO

John Williams is a treat to listen to ... He does not do a lot of videos, but he knows the numbers better than anyone I know ... Instead of hyperinflation, I prefer the term double digit inflation ... According to the 1980 formula, we are already at 10% ... Wages are going up maybe an average of 1/2% right now ... As people lose purchasing power in terms of real dollars, they are paying more for their Mandatory expenses ... This means they have less discretionary income ... And our economy is 70% consumer spending driven ... This indicates that life will change signicantly to the negative for most americans over the next year ... Just basic math.



Sherman
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up