John Williams, founder of Shadow Government Statistics and expert economist, discusses the troubling disconnect between market optimism and the underlying economy during the Trump administration. He critiques manipulated metrics like GDP and CPI, revealing how they're designed to downplay true inflation rates. Williams warns of potential hyperinflation and a dollar collapse, highlighting gold's significance as a barometer of economic health. He predicts ongoing inflation and the likelihood of a market crash or recession in the near future.

John Williams, President of the Federal Reserve Bank of New York, shares his expert insights on the intricate relationship between tariffs and inflation. He discusses how recent tariffs are likely to push prices higher, while emphasizing the uncertainty around the economy's behavior in response. Williams advises business leaders on navigating these challenges amid low unemployment and the necessity for adaptive monetary policies. He also highlights the crucial role of central bank independence in maintaining economic stability and managing inflation.

Join John Williams, Founder of ShadowStats and a seasoned economist with over 30 years of experience, as he unravels the complexities of U.S. inflation. He highlights significant discrepancies between reported and real inflation rates, suggesting numbers could be much higher than stated. The conversation dives into political influences on economic data and the implications for social security. John also discusses the impacts of methodological changes on unemployment figures, revealing that true jobless rates may be greater than what is officially reported.