With the global selloff, deflation has popped back into the news. You may have seen stories about it the past couple weeks in the New York Times, the Telegraph, Barron's -- to name a few. Deflation is a topic that confuses people. There's a lot of misconceptions about it. So let's take a moment today to talk about what deflation is -- and what it is not.

Believe it or not, you can survive and even prosper in a deflationary environment, as long as you're ready for it. You can get EWI's free report, "What You Need to Know Now About Protecting Yourself from Deflation," when you click the link in the show notes or visit elliottwave.com/insight.