Robert Prechter

Robert R Prechter, Jr’s 2002 title, Conquer the Crash – You Can Survive and Prosper in a Deflationary Crash and Depression, was a New York Times best-seller. Kirk Washington from Benchmark magazine wrote in 2004: “Prechter can take credit as the godfather of the modern deflation theory.”

Prechter is founder and president of the Socionomics Institute and Elliott Wave International. Mr. Prechter served for nine years on the board of the Market Technicians Association and in 1990-1991 served as its president. He currently serves on the advisory board of the MTA Educational Foundation. In 1999, Prechter outlined a new approach to social science in Socionomics—the Science of History and Social Prediction (1999-2003). In 2007, The Journal of Behavioral Finance published “The Financial/Economic Dichotomy: A Socionomic Perspective,” a paper on financial theory by Prechter and his colleague, Dr. Wayne Parker. Prechter has made presentations on socionomic theory to Oxford, Cambridge, Trinity, the London School of Economics, MIT, Georgia Tech, SUNY and academic conferences. He has served as a reviewer for academic journals devoted to economics and finance. Bob has written 13 books on finance, beginning with Elliott Wave Principle in 1978, which predicted a 1920s-style stock market boom. For more information, visit

Deflation Research & Commentary by Robert Prechter

  • The Secret Word: Deflation

    In the first five months of 2012, there were twenty times as many Google searches on “inflation” as there were on “deflation.” This is down from a ratio of fifty times in June 2008. If any theme has been overdone over the past six years, it is the theme of inevitable inflation if not hyperinflation. […]

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  • The Dollar: Gold, Scrip and the Inflation-Deflation Debate

    Until 1933, a dollar was defined as a certain amount of gold. Even the Fed’s notes were convertible into gold. Money was stable. From 1933 to 1971, the dollar was still at least partially an IOU for gold, because foreigners could collect gold—price-fixed by the government at $35 an ounce—from the Treasury in exchange for […]

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  • Gathering Storm Clouds of Deflation

    This article was originally published in the July 2011 issue of  The Elliott Wave Theorist. This issue will list some of the ways that humans are beginning to wage war on credit, even as the mechanists are doing everything they can to defend it. The trends and events discussed below are widely known, but almost […]

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Books & Subscription Services by Robert Prechter

  • The Elliott Wave Theorist

    Robert Prechter’s Elliott Wave Theorist is dedicated to bringing you a unique perspective on today’s market activity. Get unparalleled insight into the sociological and psychological signals in the marketplace. Plus, you’ll discover all the latest developments in the new science of socionomics — the study of mass psychology’s role in the marketplace and in society. […]

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