“Fed’s Bullard Raises Specter of Japanese-Style Deflation,” read
a July 29 Washington Post headline.When the St. Louis Fed Chief speaks, people listen. Now that
deflation — something that EWI’s president Robert Prechter has
been warning about for several years — is making mainstream
news headlines, is it too late to prepare?
This article was syndicated by Elliott Wave International and was originally published under the headline Deflation: First Step, Understand It.
EWI is the world’s largest market forecasting firm. Its staff
of full-time analysts lead by Chartered Market Technician
Robert Prechter provides 24-hour-a-day market analysis to
institutional and private investors around the world.
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