11/13/2007- John Williams On The Glenn Beck Show
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Uploaded by PhilDeCarolis on Nov 14, 2007
In this clip John Williams explains why he believes that the U.S. is headed for a Hyperinflationary Depression worse than the Great Depression. For more information regarding the U.S. Economy and its effect on Real Estate visit my website at http://www.PhilDeCarolis.com.
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Top Comments
All Comments (49)
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@ceceliacolleen LOL he systematically predicted this!!!???
the very reason why we have the recession is that dummies like beck start being economists...
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Considering what has happened in the past few days, do you think you want to reconsider your assessment on Beck. He systematically predicted this.
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There are too many John Williams' in the world.
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hahahahaha you voted for Palin thinking she will give you cheap enregy??
hhahahhaaa.
I bet you are smarter than her. Even a piglet is.
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The world is coming to an end in a few years, and Glenn Beck, the clay headed moron predicted it a few years ago.
He just said it and must be true.
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Beck is neither a republican nor libertarian.
He is a certified moron. Brain dead piece of shit. Even shit has some worth...you can make natural gas out of it. But with this moron, its worse. He creates new shit and thats all.
The irony is that this man who has an I.Q. poorer than a 1st graders, (better than Palin though) is the voice of the republican party.
Actually ... its not not an irony, quite understandable.
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The government used to do it like this GDP = C + I + G + (E - I) where C = retail Consumption I = Investment G = Government spending (E - I) = Exports minus Imports ...now they screw it all up. I would do it like this GDP = G(P) + S(P) where G = gross production of Goods (including investments) S = gross sales volume of services P = nominal retail Prices And I would not adjust for inflation.
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GDP does NOT include current or future debts that MUST be paid and niether does CORE inflation included in the GDP figures therefore the US was in a recession a YAER ago - Benanke is just plain lying - he even denies a recession
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sdgsdgsdg
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LOL.. Iraq is an "increase in government spending"? Learn some economics. The spending in Iraq is sourced by DEBT, namely the US Government selling China, Japan and other countries Treasury notes and bonds - basically the US is using its credit card to pay for the war in Iraq. And guess what? Nobody can pay it back. Democrat or republican has fuck-all to do with it. The dems will continue the war, and YOU will have to pay the bill - through hyperinflation. Good luck. :)
feet77 4 years ago 6
Beck is not a Republican, he is a Libertarian. There's a big difference. Most conservatives today aren't Republicans, the party is too much like Democrats. Beck has been saying stuff like this for 2 years, no one believed him.
chifour66 2 years ago 2