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

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

"In the early 1980s, Shilling was one of the first to raise the possibility of disinflation...At the time, he was considered extreme, but that's just what happened. Now he's considered extreme once again. We'll see..."--Terry Savage, Personal Finance Columnist, Chicago Sun-Times.

"You have to listen to Shilling, who is a consulting economist and columnist for Forbes. He was the first of the prominent U.S. economists to see the winding down of inflation...In 1973, he was almost alone in forecasting a deep, worldwide recession...In early 1988, he predicted that the 1990s in Japan would be like the 1930s in the United States--at the time, an astonishing forecast. It turned out to be right..."--Don Bauder, Financial Columnist, San Diego Union-Tribune.

"After tracking Gary Shilling for over a quarter century, I do not know of any economist who scored more bull's eyes on major turns in the economy--which ultimately affected the stock market. Ignore him if you will, and lament the ravages of deflation later."--Charles Allmon, President, Growth Stock Outlook.

"There are lots of economists making predictions these days about the future course of the global economy, but few are doing the research to get it right. With a clear sense of how the prospect of deflation is drmatically changing the economic environment for consumers, companies, and countries, Gary Shilling stresses the importance of growth."--Jerry Jasinowski, President, National Association of Manufacturers.