John Williams: Can Domestic Natural Gas Cut the Deficit?

The Energy Report: You’ve been tracking macroeconomic trends and their impact on energy commodities for decades and since 2004 through your Shadow Government Statistics newsletter. In a Nov. 10 piece on the trade deficit, you wrote: Massive fundamental dollar dumping and dumping of dollar-denominated assets may start at any time with little or no further warning. With the U.S. government unwilling to balance or even address its uncontainable fiscal condition and with the Federal Reserve standing ready to prevent a systemic collapse so long as it is possible to print, spend, loan or guarantee whatever money is needed, it puts the U.S. dollar at increasing risk of losing its global reserve currency status. Much higher inflation lies ahead in . . . → Read More: John Williams: Can Domestic Natural Gas Cut the Deficit?