Excerpt from How to Invest When Prices Are Rising
The whole world is now ringing with complaints of the high cost of living. The great dominant fact to-day is the rising tide of prices, just as a generation ago the great dominant fact was the ebbing tide of prices. Moreover, whether the tide of prices rises or falls, the change has a profound effect on the economic ocean and encroaches even on the social and political horizons.
A generation ago the whole world was complaining of "depression of trade." Then the discussion revolved about the under-supply of gold. To-day we hear much of the over-supply of gold. Then the social discontent led to a new alignment of political parties, and to-day similar discontent from an opposite cause is again disturbing our political conditions.
The high cost of living is an issue in every land. Parties in power are held responsible. Parties out of power promise that they will "do something to reduce it."
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Paperback. Condition: New. Print on Demand. As the 20th century dawned, a perplexing economic phenomenon gripped the world: the cost of living was steadily rising. This book delves into the heart of this issue, exploring its far-reaching consequences for investors and society as a whole. The author meticulously examines the factors contributing to this upward price trend, including the gold standard, inflation, and the impact of economic growth. Through insightful analysis, the book reveals how rising prices subtly shift wealth from creditors to debtors, impacting investments in bonds, stocks, and other financial instruments. This book challenges conventional investment wisdom, urging readers to reconsider their strategies in light of the changing economic landscape. It underscores the importance of understanding the dynamics of inflation and its implications for long-term financial security. Ultimately, this book serves as a guide for navigating the complexities of a world where the value of money is no longer constant, offering valuable insights that remain relevant for investors seeking to preserve and grow their wealth in the face of economic fluctuations. 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 # 9781330005552_0
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330005552
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330005552
Quantity: 15 available