Monty Pelerin's World

Do Not Miss the Audio Below! Ultimately the debate as to whether this crisis ends in a deflationary or inflationary collapse will be decided by the outplay of several forces. [...]

H/T to EBW for providing this chart and his comment:  ”Adjusted for inflation, the Dow Jones is about equal to where it was in 1991. Stock market gains have been [...]

John Williams and Chris Martenson are two analysts whose opinions I respect very much. Both have been negative on the country’s economic policies, pointing out where they must lead. Just [...]

For more than a year, I have argued that regardless of what you want to call our current economic crisis, it is not current and not cyclical. It is secular. [...]

I am a fan of John Williams of Shadowstats.com. His take on the economy differs greatly from the “company-store” statistics released by our government. As things become more dire, the [...]

John Williams of Shadowstats.com speaks about the coming hyperinflationary depression on this site.  Ben Bernanke, on the other hand, assures us that inflation is not a threat. Who do you [...]

Buying U.S. stocks because the Fed says it will proactively debase the U.S. dollar is like sitting on the beach in order to get a great view of an incoming [...]

John Williams of Shadowstats.com publishes what the government won’t — honest statistics. He uses original government definitions of various measures such as GDP, CPI, unemployment, etc. to restate their figures [...]

John Williams of ShadowStats concisely summarizes all you need to know in his reaction to the recently revised GDP data: Economic Data Will Get Much Worse. The kindest thing I [...]

I have always been an admirer of the work of John Williams of shadowstat.com. He has been ahead of the curve consistently in terms of what was going to happen. [...]

John Williams sees a hyperinflationary Great Depression in our future. Mr. Williams runs the Shadowstats.com website. He provides adjusted figures for such government released measures as GDP, inflation, employment, etc. [...]

Great hoopla over the Federal Reserve’s surprise decision to raise the discount rate 0.25 % fills the media and the markets. Pundits discuss earnestly the spice has been added to [...]