Inflation Not a Problem, "Deflationary Depression" in Our Future, Prechter Says

wrong!

This guy and Gary Shilling need to get together over a beer. We are comparing apples and oranges when we look at the wave theory trends. BRIC has changed the equations.

lets call it the Great Deception by the privately owned fed res bank that proves once again that they are THE crime of the century. http://www.youtube.com/watch?v=eAaQNACwaLw

Nobody wants to recognize that the true bottom in any valuation is ZERO. Yes, we can get there, or close to it.

The first time I could understand anything posted on this site. Last month I had a record number of cars through my shop, and my revenue was down 3,000 dollars. I send appx 3,000.00 with one parts company, last month I did 660.00 with them. You would have to SWIM in the kool-aid to think that is less bad. I think I need a beer. How about a DEBT LITE

the crap continues....man im enjoying my life now..spending cash having fun...forget this sharemarket crap....live it up

What used to be called "inflation" is now often described as "productivity". From a worker's perspective, rising prices and falling wages equate to the same thing, viz., a falling living standard. Rising productivity coupled with falling wages are clear evidence that workers have been cut out of the deal. Long term, there can be no sound economy without a spreading of the wealth. The banker/governors know this, but they want to make themselves whole and position themselves for any reflation before sprinkling any money on the serfs. Unfortunately, the banks bet their whole wad and then some, then lost it. Their bailout strategy simply will not work this time, unless they can find an extraterrestrial source of capital.

You need to start reading some of the reports that are bein published. Take a look at the PRODUCTIVITY report. With over 6 million Americans out of work, corporations are reporting they ave improved productivity with less people. You need to think about that in terms of your individual bank account. The wage cuts have been in place now for a few months and unemployment may have peaked. If corporations can get by with fewer people, they will ultimately go to temp services to fill in as needed, outsource to someone that will do it for less and little overead, or off-shore it. These numbers look good for corporations but how are they looking for the American worker????

There is no reason the euro should be worth more than the US dollar, considering the current worldwide economic situation. The euro will drop below the dollar, then regain parity. The US interest rates can only go one way...up. The Fed must raise rates to make the new monoply money worth something. Rising interests rate will push US bond return higher and the dollar will follow. This should continue for at least three years, then revaluate at the outcome of the 2012 presendential election. James E Gambrell

good point!

How can you have deflation when you flood an economy with printed money? How? Only a guy who believes in random squiggly lines could come up with that. Milton Friedman is rolling in a grave somewhere...

Next week we're going to have a guy who reads goat turds.

BRIC hasn't changed a thing, decoupling is a myth and that will be obvious once the C busts.

The constitution of The United States of America is dead. It has been replaced by the Fascist Rules of the Third World States of America. Corporate America is our dictator, their special interest groups control the government, and get policy made in their favor. Utilities, insurance companies, fuel companies, and financial institutions go to Washington, and state capitols and get their rate hikes, and fee hikes while the back of the middle class is broken. We must keep the caviar flowing to these creeps, they are "too big to fail" while with the middle class it's "We have to let the chips fall where they fall." The consumer has no representation. We are being taxed without representation. This is the same reason that the revolutionary war was fought. Abolish the Fed, Take back the country and put "We the people" back into the constitution, NOT We the rich, or we the politicians, or we the lawyers. Send each of your congressmen an envelope with a tea bag inside. They will get the point, but probably won't care. Vote out ALL the incumbents at election time, (except Ron Paul) demand term limits for congress, and make lobbying a treasonous offense. Down with the dictatorship. Do it now for your children, or they will live like pigs under the corporate laws of a greedy third world nation. That's it: November the 5th everyone needs to send a tea bag to their senators, and the White House. Now's the time to STAND UP MIDDLE AMERICA and STOP THE FLEECING! For your children. Who is with us? DougY

This guy is a moron! Sorry your wrong.

For starters...Prechter did not forecast the 87 crash. I was there and he was the last guy to the party in 87! Also he did not predict the 87 low either..in price or date ! Next Prechter totally missed the bond market in 87 as well. When the current market was trading down he caved in to pressure to say the bottom and economy had turned up...it has not. The current market has never broken out of what is a generational bear market and Prechter would not say it and now is just jumping on the deflation band wagon because he thinks it's safe to say it now!

You can’t inflate something that has no value or giving people money they can’t spend. Ben now gives all the newly printed money to his rich friends - bankers. This is not how economy will be inflated, start the presses and give every citizen of USA $5,000,000 and you will see INFLATION.

After the 1987 crash, I went to a conference where Prechter predicted the Dow going down to 400 following that (it didn't) based on the same wave theory he's using now. I stopped listening after hearing variations of the same story over and over.

Take a look at how Obama is handling this Health Care issue and you will see how he stole the election. ( The bussed in voters, the Acorn protesters, the money from Soros.)

Actually, my coop appraisal just came in - it was valued 20% lower than when the bank loaned me money in 2005 to buy it!!! Not only has the value of my 401K dropped (albeit, I sold all my equities in June of '08 so I limited my losses), but my Real Estate is also in shambles! Both dropped, and my '08 earnings was down from '07 - everything down!!! I cannot believe the idiots here saying there is no deflation!! Think about it -- if the price of goods INCLUDES the borrowing it costs to buy it, then rate increases means the product price without the borrowing costs is ALSO LOWER!!! The value of all assets is dropping, and as the boroowing costs are subtracted from those goods - so are the prices of the goods likewise dropping!!! Our only HOPE is interest rates stay at zero or go negative - which cannot happen! Deflation is irreversible at this point - regardless of how much free credit is extended.....