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John Williams: The Federal Government's Fake News

John Williams on Mises Weekends

Tags Booms and BustsThe FedU.S. Economy

12/16/2016John WilliamsJeff Deist

Statistics issued by the federal government about the economy—from CPI to GDP—are fake, and our guest John Williams of explains how and why.

John is a vocal critic of modern economic reporting, which is manipulated to make the economy appear stronger than it is. So, he devoted his professional life to telling the real story, through statistics he painstakingly compiles himself. And, his statistics paint an alarming picture: virtually all "growth" in the US economy since the Crash of '08 has been artificially engineered by the Fed, while the risk of debt contagion has increased.

Jeff and John discuss the "Fed tax," what a radical increase in the monetary base means for your financial future, and whether Janet Yellen will be forced to resort to more QE in 2017.

This is a must-hear interview if you're interested in sober economic reality.

Note: The views expressed on are not necessarily those of the Mises Institute.

John Williams

John received an A.B. in Economics, cum laude, from Dartmouth College in 1971, and was awarded a M.B.A. from Dartmouth's Amos Tuck School of Business Administration in 1972, where he was named an Edward Tuck Scholar. John founded (Shadow Government Statistics) in 2004.

Contact Jeff Deist

Jeff Deist is president of the Mises Institute. He previously worked as chief of staff to Congressman Ron Paul, and as an attorney for private equity clients. Contact: email; Twitter.

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