By Elliott Wave International
Despite the Fed’s leverage and its attempt to inflate throughout the economy, the deflationary pressures in the U.S. are overwhelming. Watch this six-minute clip from Steve Hochberg’s presentation at the Orlando Money Show. To learn more about the inflationary/deflationary process, go to www.deflation.com.
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This article was syndicated by Elliott Wave International and was originally published under the headline Why the Fed Does Not Control Inflation and Deflation. EWI is the world’s largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.