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U.S. debt levels have skyrocketed since the Great Recession, and in EWI’s view, this is a harbinger of deflation. A historical review shows that major U.S. deflationary periods had one thing in common: an unsustainable buildup of credit. A classic Elliott Wave Theorist says: Easy credit has in turn created an unsustainable debt load throughout […]

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Many observers of global economies believe that governments have a big influence over those economies. Relatedly, observers also believe that central bank policies have a lot to do with a nation’s inflation rate. But, in his book, Conquer the Crash (2002), Robert Prechter called this the “potent directors” fallacy: It is nearly impossible to find […]

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You’ve probably heard of Gary Shilling. He is the President of A. Gary Shilling & Co., a firm he founded in 1978 which analyzes economic and financial developments in the U.S. and abroad. Shilling is also a featured deflationist on deflation.com. He has been quoted many times in the financial media over the years, plus […]

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The details differ, but both Illinois and Venezuela are in a big financial mess. EWI’s July 2017 Financial Forecast noted: Last month, the Elliott Wave Financial Forecast … discussed the financial crisis gripping the State of Illinois. The state is a financial basket case, with one online columnist comparing it to Venezuela. With the above […]

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You’re probably aware that the Federal Reserve engaged in unprecedented stimulus efforts to combat the Great Recession (2007-2009) and jump-start the economy through buying mortgage-backed securities and Treasuries. The May 2016 Elliott Wave Financial Forecast said: No matter how hard they huff and puff, economists and central bankers just cannot get the data to comply […]

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By using immense amounts of digital data, the Adobe Digital Price Index provides more details about consumer product price deflation than traditional measurements. Adobe’s DPI analyzes transactions involving 15 billion website visits and 2.2 million products sold online. Adobe’s May DPI showed price deflation in most of the consumer goods it tracks. Low-cost items saw […]

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