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Deflation: Why Are Central Banks Failing?
In the battle of inflation and deflation, deflation still has the upper hand.

by Vadim Pokhlebkin
8/11/2009 1:00:00 PM

Most conventional economists vigorously dismissed the very idea of deflation just a couple of years ago, but now it' a global reality. Just like the Federal Reserve Bank here in the U.S., overseas central banks have used the "quantitative easing" policy to stop deflation. And just like in the U.S., something is not quite working. Why?

Filed Under: deflation, inflation, federal reserve bank, Bank of England, quantitative easing, money supply, hyperinflation
Category: European Markets


Deflating the Inflationists' Arguments

by Susan C. Walker
7/10/2009 6:45:00 PM

You can talk about inflation all you want, but Bob Prechter says it the best: "YOu can't beat deflation in a credit-based system."

Filed Under: hyperinflation, deflation, Fed
Category: Classic Prechter


More Inflation: The Easiest Call on the Planet

by Susan C. Walker
6/19/2009 5:00:00 PM

Despite the impressive brain power behind some financial gurus' calls for hyperinflation,  Elliott Wave International maintains the opposite opinion: that the world’s financial system is in the early stages of the greatest deflation ever.

Filed Under: hyperinflation, deflation, great depression, Paul Krugman
Category: Classic Prechter


Deflation or Inflation? Yield Curve Holds the Answer
Typically, a steep yield curve points to inflation. Not so this time, says EWI's Bill Fox.

by Bill Fox, Senior Bonds Analyst
6/9/2009 1:00:00 PM
The Federal Reserve’s balance sheet has exploded, with total reserve bank assets now standing at $2.079 trillion. This same time last year, total assets stood at $1.181 trillion. Inflation? Yes, the balance sheet is significantly inflated -- but is it inflationaryNot necessarily.
Filed Under: inflation, deflation, hyperinflation, nationalization, quantitative easing, yield curve
Category: Economy


Watch Bob Prechter's interview on CNBC Wednesday, Nov. 4. Bob discusses the current juncture, Conquer the Crash II and more.
Robert Prechter on CNBC
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To access EWI's valuable Q&A message board, all you need is a free Club EWI profile. Create Yours Now >>
> Do you know of any mutual funds that use Elliott wave analysis? 
> Inflationists: Is there a flaw in their reasoning? What is it? 
> If stocks lead economy, why won't rising stocks SAVE economy? 
> Obama: Can the President's approval ratings LEAD the stock market? 
> Social mood: If news and events don't change it, what does? 
> Silicon Valley and internet startups: How might they fare in this depression? 
> Prechter's new Theorist: What event can start the next crash in the Dow? 
> Come on, admit it: The Fed runs the show... doesn't it? 
> Can Elliott wave patterns be completed in overnight trading? 
> Tax rates: Higher or lower in the coming depression? 

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The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave International’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave International is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.