John Williams: Can Domestic Natural Gas Cut the Deficit?

The prospect of significant U.S. natural gas production may not be powerful enough to overcome the hot air coming from government quarters, but ShadowStats Editor John Williams identifies it as one bright spot in his otherwise dark outlook for the U.S. economy. As Williams tells The Energy Report in this exclusive interview, increased . . . → Read More: John Williams: Can Domestic Natural Gas Cut the Deficit?

John Williams: Hyperinflation Warning, Preserve Value with Gold

Among the specters lurking in ShadowStats.com’s Editor John Williams’ gloomy outlook for the U.S. are the demise of the dollar, hyperinflation and the ongoing lack of political will to take sound corrective measures. Still, as he tells The Gold Report in this exclusive interview, investors have options. Williams contends that turning to gold, . . . → Read More: John Williams: Hyperinflation Warning, Preserve Value with Gold

What Is A Trillion Dollars?

According to the Bureau of Engraving, a dollar bill is .0043 inches thick. A stack of a trillion dollar bills would reach up 358 million feet, or 67,866 miles. . . . → Read More: What Is A Trillion Dollars?

The Economic Fallacy of Price Controls

A renowned economist once said, “Even capital punishment could not make price control work in the days of Emperor Diocletian and the French Revolution” (Mises). Unfortunately, the monarchs, bureaucrats, and legislators of yesterday and those of today have yet to heed those words. As a couple of noted researchers also said, “Price controls are . . . → Read More: The Economic Fallacy of Price Controls