by jldavid47 » Sat Jan 16, 2010 6:16 am
Robert Prechter has been predicting the same massive deflation for years. In his latest newsletter he predicts that deflation will probably hit bottom in the 2014-2016 and that it could get so bad that T-Bill rates could approach -5%. (That's right. NEGATIVE 5%), The result of which will be massive hoarding of currency.
Robert Prechter has been predicting the same massive deflation for years. In his latest newsletter he predicts that deflation will probably hit bottom in the 2014-2016 and that it could get so bad that T-Bill rates could approach -5%. (That's right. NEGATIVE 5%), The result of which will be massive hoarding of currency.