21 May 2011

Hyperinflation & US Dollar Collapse-John Williams Exclusive by KWN

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.  When asked about the tremendous inflation globally Williams stated, “The dollar has already been a factor for the major inflation that we are seeing now, and the weakness that we have seen in the dollar up to now has primarily been as a result of the Fed’s efforts to debase the dollar.  A weaker dollar has spiked oil prices and we are seeing the highest inflation -- as the government reports it -- in the last 3 years, and it’s going to get a lot worse.”



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