Synopsis
Understand how inflation reshaped postwar economies and money itself. This clear, rigorous analysis traces how paper money, government borrowing, and shifting prices interact to upend normal economic life and trade.
In these pages, the author presents a practical view of monetary policy and its consequences. The work draws on lectures given to bank staff and aims to lay bare the foundations of today’s monetary system, focusing on why inflation happens and how a return to sound money can help restore stability.
- Learn how an expanding currency and rising debt affect imports, exports, and the value of money.
- See the difference between general price increases and changes in specific prices like wages and goods.
- Explore discussions of the gold standard, convertibility, and the dangers of unchecked paper money.
- Understand the policy questions behind public debt, taxation, and the transition to a more stable monetary framework.
Ideal for readers of economic history, policy makers, and anyone seeking a practical view of how money shapes prices and living standards.
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Inflation (Classic Reprint)
Print on DemandSeller: Forgotten Books, London, United Kingdom
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Paperback. Condition: New. Print on Demand. This book analyzes the significant abandonment of the gold standard during the First World War, which resulted in the uncontrolled issuance of paper money. The suspension of the gold standard led to an expansion of currency and credit, skyrocketing inflation, and imbalances in foreign exchange. As the author traces the consequences of this financial shift, they emphasize the importance of maintaining a stable monetary system to avoid negative impacts on trade, prices, and economic growth. By examining the historical context and theoretical underpinnings of the gold standard, the book sheds light on the critical role of sound monetary policies in ensuring economic stability and prosperity. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781330596289_0
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Inflation Classic Reprint
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330596289
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Inflation Classic Reprint
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330596289
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Inflation (Classic Reprint)
Seller: Buchpark, Trebbin, Germany
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Condition: Sehr gut. Zustand: Sehr gut | Sprache: Englisch | Produktart: Bücher | Keine Beschreibung verfügbar. Seller Inventory # 25817388/2