Fed Rate Hike Will Cause Hyperinflationary Great Depression – John Williams | Greg Hunter’s USAWatchdog

By Greg Hunter’s USAWatchdog.com – February 8, 2022

Economist John Williams says the economy is in deep trouble, and the Fed knows it.  Williams says the Fed talking up “robust economic growth” that is causing inflation is “nonsense.” Williams explains, “The one thing that is not causing inflation is ‘robust economic growth.’  So, when they talk about raising interest rates to kill this robust economic growth that’s triggering the inflation, that’s absurd, and the Fed knows it. . . . If the Fed foolishly raised rates as reflected in the payrolls as not being fully recovered, you are going to have a sharp downturn, a double dip depression here.  At the same time, you are still going to have the inflation.  You are going to end up with an inflationary depression or a hyper-inflationary Great Depression.”

Read more & Join Greg Hunter of USAWatchdog.com as he goes One-on-One with John Williams, founder of ShadowStats.com, as he explains how bad the economy really is.(2.8.22)(47:07): Fed Rate Hike Will Cause Hyperinflationary Great Depression – John Williams — Greg Hunter’s USAWatchdog