Watch more at http://www.socionomics.net/youtube/finance
Robert Prechter explains the fundamental difference between finance and economics -- and why the law of supply and demand doesn't apply to financial markets. From his July 2010 presentation at the World Futurist Society.
completely wrong, demand doesn't increase when the price is higher, the price is higher because demand increases..its the exact same as any other market
BallplayaJD 2 months ago
@scanlonized I personally think that Robert Prechter works for the government and he is trying to sell the deflation argument to the rest of the world while governments are all preparing for hyperinflation to inflate these massive debts away!! He does not want the little guy to beat the system
misterman6000 7 months ago
hey robert bill signorile aka wavetimer how is robert kelly and dave and gang doing . best of trades !
wavetimerny 11 months ago
that explains why we are forced to have POMO and on going bail outs for Zombie Banksters. Bubble after Bubble, bail out after bail out. Bernacke is insane.
scanlonized 1 year ago