ShadowStats.com founder John Williams on M3 Money Supply

[FortNikitaBullion]

Why do you want to be liquid and have cash if inflation is coming up? Is this a joke?

[matchbox555]

THE DOLLAR IS GOOD AS GOLD

[XalphYT]

His very last comment confuses me completely: No stocks. No bonds. You want to be liquid. So he's advocating holding cash when cash is about to go to zero? That sounds like absolutely the worst possible advice for people who want to prepare against hyperinflation.

[Anothercoilgun]

All that fake paper currency.  Buy real assets.

[scevrog]

What is the methodology of shadowstats? I was just on their website and found nothing on their methodology, why they think the officela estaimtes are wrong, and how they are making their own adjustments?

What I am supposed to beleve? The official government statistics that have a documented methodology and normally free of charge ,or, shadowstats, with no documented methodology and available fr a fee?

[eyesonmedia]

@scevrog I'd go with ShadowStats. When was the last time you REALLY trusted a politician?

[Parent33w]

Nice video. Worth less versus worthless, cute too. Wikipedia has a great article on "M3"; pretty good examples that break it down and explain as well. Nice links also for ShadowStats, etc.; you can still find M3 numbers that way. Know what the rollers know/bank on. sublimetrace - nice point - food, clothing, and shelter is where it's at. Beyond alt energy and some others anyway. Those stocks were doing better. International mutuals were down. If they don't come around, should get interesting.

[virtuous8]

i eat once a day to save money.

[BLUEANGEL7777777777]

If you can invest in gold DO IT.

The sad thing is that no media station Took on this issue until it became well know through

the Ron Paul/ Libertarian Movement.

RP 2012.

[BLUEANGEL7777777777]

Why Not just always expect the Economy to get Worse. Whether or not it does.

You could end up with savings and always be on the right track.

[MrsSarb]

Money grows on trees people! Woopie!

[zackmcnell]

The mainstream media says M1 is not increasing to stabilize credit. M1 has not increase which is physical tangible money. This is true but since the corrupt feds stop publishing M3 the media can say money isnt increasing by saying M1 M1 M1 but M3 is always increasing which is the REAL money supply. I get very tired of the sheeple in america believing the mainstream media. credit is not stabilizing. Soon the whole system will collapse and we will be bailed out by the IMF. Coming Depression duh

[Lucky7wins]

M3 is to "expensive" to keep reporting? Yeah right!

[MrPloppy1]

I'm not one to jump onto any conspiracy theories but, when the Fed stops reporting M3, then cranks out more money then they have since 1971...

AND THEN a year and a half later tries to rush through a $700 billion bailout putting MORE money into the M3...

I don't know. It almost sounds like they're secretly moving all the pieces into place to purposly throw us into a depression.

[eventvisionsinc]

sad for america..greed is a sin and we will pay for it

[dave997]

why would u be all cash and liquid if youre predicting high inflation, that's retarded.

[ManufacturedThoughts]

Euros, British Pounds, Swiss Franks, etc

[sublimetrance]

Because if we enter hyperinflation, there will be massive runs on the bank, the government will declare bank holidays, and while your money is sitting in the bank when hyperinflation goes into full swing, you will lose everything you own.

Scenario Timeline:

1) The beginnings of Hyperinflation hit but the public is unaware. IE people like you think it is retarded to go into cash.

2) People slowly start seeing inflation spike and start withdrawing their money in mass.

[sublimetrance]

3) The gov steps in and creates bank holidays, effectively preventing people from getting their cash from the banks.

4) Hyperinflation goes into full swing during extended gov mandated bank holidays.

5) People unable to get their money from the banks during these bank holidays lose everything as hyperinflation destroys the currency.

People mistakenly think hyperinflation is slow process. It can happen very suddenly. Research the collapse of the Weimar Republic.

[sublimetrance]

Now imagine someone like yourself that thinks it is retarded to stay in cash during a time like this.

If the above scenario plays out and you have thousands of dollars in the bank, you will still have your money when the gov bank holidays are over. However you will be left with useless currency that wont buy anything.

[sublimetrance]

Now imagine if you had the foresight and had your money in cash outside the banks. When hyperinflation goes into full swing, you would want to put your money into anything tangible. IE Food. Clothing. Gas. Guns. Ammo. Tobacco. Medical Supplies. Etc.

[719freethinks]

You're absolutely right. Dollars will be worthless, so get rid of them and invest in GOLD!

[royalecraig]

Why should the Global Elite care if America is destroyed, they will end up owning the world.

Get this Out, make it viral, wake people up.

[ShmuelSpade]

I find it interesting that they made mention of the fact that the money isn't back by anything (gold or anything). Fascinating little fact drop there.

[cubed1977]

Money hasn't been backed by anything for some time. Hence governments can, and do simply print money to get themselves out of trouble. More interesting is that (if you haven't worked it out), the central bank not only reduces inflation with interest rate rises, it also creates inflation by inflating the money supply like in the video ...

[ShmuelSpade]

Oh indeed, among people who take interest in these things it's well known that most money issued on Earth today is simply fiat and not market generated. But why would CNN make it a point to mention that fact? I find it surprising that they would talk about that at all. To the news media gold is, in the words of Keynes, "a barbarous relic" and so is a dead fact not worth mentioning. At least until now...