GREY:STPJF - Post by User
Post by
LeGagneuron Jul 16, 2011 12:14am
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Post# 18838199
John Williams on the Road to Hyperinflation 2014
John Williams on the Road to Hyperinflation 2014Williams says to start preparing now as time grows short
https://www.financialsense.com/financial-sense-newshour/guest-expert/2011/07/14/john-williams/the-road-to-hyperinflation-2014
Taken together, Gross puts the total at “nearly $100 trillion,” that while perhaps a bit on the high side, places the country in a highly unenviable fiscal position that he said won’t find a solution overnight.
“To think that we can reduce that within the space of a year or two is not a realistic assumption,” Gross said in a live interview. “That’s much more than Greece, that’s much more than almost any other developed country. We’ve got a problem and we have to get after it quickly.”
https://www.sutton-associates.net/blog/tag/kotlikoff/