John Williams, editor of ShadowStats.com, a popular website that tracks real inflation figures, says hyperinflation is inevitable. He is advising people to hoard physical gold as well as food items in bulk so that they have some means with which to barter as the economic crisis turns ugly. Williams says government may start giving out free toilet paper … er … money! Click the image below for his interview with Jim Puplava on Financial Sense Newshour.
Source: Financial Sense Newshour (via YouTube), December 14, 2010 (hat tip: Financial Doom Blog).
