Shadow Stats’ John Williams explains how the government messes with measuring inflation to both pay out less and to collect more. Here’s the details…
John Williams joins us as we unearth the truth behind the unemployment statistics and if Americans are truly benefiting from wage increases.
Other critical topics discussed include inflation and the erosion of purchasing power from America, while other countries gain more purchasing power than ever.
TOPICS IN THIS INTERVIEW:
01:25 Wages, inflation and the unemployment rate
11:55 Machines displacing jobs through automation
17:05 America’s purchasing power declining
20:15 An incoming Inflation meltdown?