 | Has Cash Been King for the Past 10 Years? If you’re like most investors, you’ve been nearly brainwashed with conventional market “wisdom” that stocks are the best way to grow your portfolio. You would be crazy not to have your money in the markets, right? But when markets drop, as we’ve seen in this credit READ MORE |
Month: October 2008
Why Deflation
 | The Primary Precondition of Deflation The following was adapted from Bob Prechter’s 2002 New York Times and Amazon best seller, Conquer the Crash You Can Survive and Prosper in a Deflationary Depression. Deflation requires a precondition: a major societal buildup in the extension of credit (and its flip side, the assumption of debt). Austrian economists READ MORE |