Robert Prechter: Why the Fed Cannot Expand Credit All It Wants

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Can the Fed expand credit at will?  The best “no” explanation I’ve heard is from Robert Prechter – here it is, republished with permission from Prechter’s firm, Elliott Wave International. Excerpted from Robert Prechter’s February 2004 Elliott Wave Theorist Jaguar Inflation By Robert Prechter I am tired of hearing people insist that the Fed can […]

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