.. the Fed has painted itself into such a tight corner with the economy it really has only two choices. Williams says it comes down to "Inflation or Implosion"...
Poster Comment:
I said many years ago that Hyperinflation in America would reach a point of No Return at 25% annual inflation (as measured honestly by say ShadowStats.com .) John Williams might be right that food prices and some other commodity prices might spike high enough in 2022 to cause a political upheaval in the US. He is right also that FED policies have painted themselves into a tight corner with No Exit. Biden could never balance his budget. And the FED cannot stop printing money. And Wall Street cannot stop stealing from federal agencies by the trillions. It all hits the fan before election day 2024.