Deflation: How to Survive and Thrive in the Coming Wave of Deflation

by A. Gary Shilling

The economic columnist explores the factors contributing to and potential investment responses to the period of deflation he believes is imminent

Genres: Economics, Finance

352 pages, Hardcover

First published June 1, 1999

Reviews

[Daniel · Rating 2 out of 5]

I'd like to accomplish two things with this review of a book that, frankly, isn't worth a close read.

First, I'll briefly point to the specific sections of the book readers can skim to extract most of the book's value--see the next paragraph for that part. Second, I want to use this book--which is the macroeconomic prediction equivalent of a man with a hammer--to expose the "expert prediction" game and illustrate how dangerous it is to credulously follow so-called expert predictions, especially when it comes to stock markets and economics.

We'll start with what to skip and skim. A... [see the rest on my book review site.]

[Christopher · Rating 4 out of 5]

Great technical read. However, the edition I read was written in 1988. For me it was a great exercise in comparing the predictions to what's actually occurred in the 90's and the 21st century.

I recommend picking up a more recent book by the author. Today's disinflationary market is right up Mr. Shilling's alley.