Stabilizing the Dollar: A Plan to Stabilize the General Price Level Without Fixing Individual Prices - Hardcover

Fisher, Irving

Hardcover

ISBN 10: 1019459727 ISBN 13: 9781019459720

Publisher: Legare Street Press, 2023

Synopsis

First published in 1920, this book offers a proposal for a monetary policy to stabilize the value of the US dollar and prevent inflation. It argues that a central authority should adjust the quantity of money in circulation to keep the general price level stable, rather than trying to control individual prices or relying on gold reserves. The book provides a detailed explanation of the theory behind this approach and addresses many practical issues related to its implementation.

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Edition details

• Publisher: Legare Street Press
• Publication date: 2023
• Language: English
• ISBN 10: 1019459727
• ISBN 13: 9781019459720
• Binding: Hardcover
• Number of pages: 352