There hasn’t been a time in history when economists and investors have been so torn between whether we’ll see inflation or deflation in the near future. The most dangerous, and what keeps the Fed up at night, is the prospect of deflation.
Dr. Gary Shilling, who has in the past been right more than most others, argues convincingly that it’s deflation and slow growth that is coming, and which will be with us for some time. Shilling has just released a book on this subject, called The Age of Deleveraging. The book also includes advice on what you should and should not invest in during this time,
In this 2-part video, Shilling gives a fascinating interview on deflation and how to profit from it.