HD The Real Cost of Inflation with John Williams
After years of unprecedented monetary inflation and increased competition for natural resources, many areas of the world are experiencing significant increases in the cost of living. The Chapwood Index estimates that the real cost of living in the United States is increasing 8-13% annually.I invited John Williams of Shadow Government Statistics to join me on the Solari Report to describe why government statistics on inflation, cost of living, employment and other economic statistics – vary significantly from actual. John estimates that cost of living in the United States is increasing at 10% annually.Understanding the facts of what is really happening in the economy can inspire you to create the strategies you need to successfully navigate this environment. Depending on where you live, you need to organize your budgets and business to continuously reengineer for the changes underway – including rising cost of living.