Elliott Wave - Deflation vs. Inflation
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But what if the US and maybe the UK government just decided to announce that their currencies have officially devalued, on the spot, but say 10% or even 50%, now they can re-inflate the asset prices, so why wouldn't they do that before deflation drives the masses to rioting?
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10:53
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The short answer, no.
The long answer, refer to Conquer The Crash, by Robert Prechter, page 121, Can the Fed Stop Deflation?
elliottwavenews 2 years ago