TFMR Podcast #24 - Econ 101 with John Williams
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I asked John Williams to spend a few minutes with us and help us review some of the basics. We cover the BLSBS, the CPI, GDP and the potential for hyperinflation. No one knows more about government statistics (and how they're manipulated) than John and I am very grateful that he took the time to help educate us.
Walter J. "John" Williams was born in 1949. He 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. During his career as a consulting economist, John has worked with individuals as well as Fortune 500 companies.
John is currently the proprietor of Shadow Government Statistics. "Shadow Stats" is an electronic newsletter service that exposes and analyzes flaws in current U.S. government economic data and reporting, as well as in certain private-sector numbers, and provides an assessment of underlying economic and financial conditions, net of financial-market and political hype. John's work can be found at:
Friday, June 29, 2012
Friday, February 3, 2012