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Editor’s Note: On Nov. 19, 2008, the U.S. Labor Department reported a 1 percent drop in the consumer price index for October 2008. The drop marked the largest decline in 61 years, and it was the first decline in that measure in nearly a quarter of a century. The 1 percent drop was twice as… Read more Robert Prechter Explains the Price Effects of Inflation and Deflation |
Month: November 2008
Why Your FDIC-Backed Bank Could Fail
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With big bank bailouts dominating the news, there’s no better time to get the truth about bank safety. This informative article has been excerpted from Bob Prechter’s New York Times bestseller Conquer the Crash. Unlike recent news articles that are responding to the banking crisis, it was published in 2002 before anyone was even talking… Read more Why Your FDIC-Backed Bank Could Fail |