Wave-based analog signal processing holds the promise of extremely fast, on-the-fly, power-efficient data processing, occurring as a wave propagates through an artificially engineered medium. Yet, due to the fundamentally weak non-linearities of traditional electromagnetic materials, such analog processors have been so far largely confined to simple linear projections such as image edge detection or matrix multiplications. Complex neuromorphic computing tasks, which inherently require strong non-linearities, have so far remained out-of-reach of wave-based solutions, with a few attempts that implemented non-linearities on the digital front, or used weak and inflexible non-linear sensors, restraining the learning performance. Here, we tackle this issue by demonstrating the relevance of time-Floquet physics to induce a strong non-linear entanglement between signal inputs at different frequencies, enabling a power-efficient and versatile wave platform for analog extreme deep learning involving a single, uniformly modulated dielectric layer and a scattering medium. We prove the efficiency of the method for extreme learning machines and reservoir computing to solve a range of challenging learning tasks, from forecasting chaotic time series to the simultaneous classification of distinct datasets. Our results open the way for optical wave-based machine learning with high energy efficiency, speed and scalability.