Although we may not always agree with Steve Hochberg’s conclusions the following video contains some very thought provoking ideas accompanied by some charts that you probably haven’t seen anywhere else. It’s interesting to note the quadrupling of the FED’s leverage over the years since 2008 and the amazing lack of inflation associated with it. Check out this excellent six-minute video clip by Elliott Wave International’s Steve Hochberg… at the Orlando Money Show.
Despite the Fed’s leverage and its attempt to inflate throughout the economy, the deflationary pressures in the U.S. are overwhelming.
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