By Robert Prechter, CMT Elliott Wave International October 09, 2008 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,… Read more The Primary Precondition of Deflation |