{"id":8920,"date":"2010-04-29T16:33:45","date_gmt":"2010-04-29T20:33:45","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=8920"},"modified":"2010-04-29T16:33:45","modified_gmt":"2010-04-29T20:33:45","slug":"bob-prechter-points-out-the-many-signs-of-deflation-2","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/04\/29\/bob-prechter-points-out-the-many-signs-of-deflation-2\/","title":{"rendered":"Bob Prechter Points Out The Many Signs Of Deflation"},"content":{"rendered":"

Yes, You Heard Us Right
\n<\/span> April 29, 2010 <\/span><\/h3>\n

By Elliott Wave International <\/span><\/h3>\n

Everywhere you look, the mainstream financial experts are pinning on their “WIN 2” buttons in a show of solidarity against what they see as the number one threat to the U.S. economy: W<\/strong>hip I<\/strong>nflation <\/em>N<\/strong>ow.<\/p>\n

There’s just one problem: They’re primed to fight the wrong enemy. Fact is, despite ten rate cuts by the Federal Reserve Board to record low levels plus $13 trillion (and counting) in government bailout money over the past three years — the Demand For<\/em> and Availability Of<\/em> credit is plunging. Without a borrower or lender, the massive supply of debt LOSES<\/em> value, bringing down every exposed investment like one long, toppling row of dominoes.<\/p>\n

This is the condition known as Deflation<\/em>.<\/p>\n

Bob Prechter uncovered more than a dozen “value depreciating” developments underway in the U.S. economy as the two main engines of credit expansion sputter: Banks and Consumers. Here’s a preview of his findings contained the free report, The Most Important Investment Report You’ll Read in 2010<\/a><\/strong>:<\/span><\/p>\n