The World's Monetary Problems (Classic Reprint): Two Memoranda: Two Memoranda (Classic Reprint) - Softcover

Gustav Cassel

 
9781330566428: The World's Monetary Problems (Classic Reprint): Two Memoranda: Two Memoranda (Classic Reprint)

Synopsis

Understanding the core ideas behind today’s monetary chaos and what drives inflation.

This book explains how war, paper currencies, and changing payment habits have reshaped money in many countries. It looks at the shift from gold to diverse paper standards and why the total amount of money can rise without a matching rise in goods. The discussion focuses on what counts as real money, how payments are made, and why prices move differently in different places.

Across chapters, readers will see how governments created more money and how that affects buying power. The text also considers the role of gold, the dangers of scarce gold, and the idea of stabilizing value across nations. It addresses how price levels rise, how people measure those rises, and why official statistics may diverge from lived experience. The book also surveys economic policy decisions that influence inflation, trade, and recovery after conflict.
  • How money, prices, and production relate in a postwar world
  • Why a single global price is misleading when each country uses its own paper standard
  • The impact of currency circulation, hoarding, and bank deposits on payments
  • Potential policy tools to stabilize value and encourage recovery
Ideal for readers of economic history and policy, this edition helps clarify the forces that push prices up or down and why monetary reform is often debated in international terms. It is a useful guide for anyone seeking a clearer view of the monetary problems that shape everyday prices and national economies.

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Product Description

Excerpt from The World's Monetary Problems: Two Memoranda About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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