The following link is to the July 24, 2008 prepared testimony given before the House Financial Services Committee by Walter J. (John) Williams of ShadowStats.com.  The testimony addressed specific issues outlined by Committee Chairman Barney Frank and was structured so that the oral presentation would run no more than the allotted five minutes.

http://www.house.gov/apps/list/hearing/financialsvcs_dem/walter_j_williams_testimony072408.pdf

We have been advised that a podcast of the full hearing will become available, and such will be linked here at such time as it is available.

John Williams is interviewed on CNN by Greg Hunter.   The record growth in M3 is discussed and its implications for future inflation.

Click here or on the image to view the interview.