The Inflation Myth and the Wonderful World of Deflation

Mobius, Mark

ISBN 10: 1119741424 / ISBN 13: 9781119741428

Published by Wiley, 2021

About this Item

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Bibliographic Details

• Title: The Inflation Myth and the Wonderful World of Deflation
• Publisher: Wiley
• Publication Date: 2021
• Language: English
• ISBN 10: 1119741424
• ISBN 13: 9781119741428
• Binding: Hardcover
• Condition: good

About this title

Synopsis

What if everything you’ve learned about inflation is wrong?

The Inflation Myth and the Wonderful World of Deflation illustrates our rapidly changing world where constant technological innovation leads to cheaper and better products. These changes are no longer reflected in the ways we measure inflation. Renowned investor and author Mark Mobius persuasively argues that what we believe to know about inflation today does not reflect the reality any longer. It is a myth, a legend, a fable, and, yes, a falsehood for a number of reasons.

The Inflation Myth and the Wonderful World of Deflation tackles a number of fascinating topics, including:

• The political nature of inflation measurement where governments manipulate and exploit inflation numbers to fit their economic programs
• The extreme difficulty involved in gathering accurate data to measure inflation and the resulting inaccuracy of those measures
• The error of using currencies to measure inflation when those currencies are continually being debased by the governments who issue them
• Finally, and most importantly, the advances in technology and automation which are leading to continuously falling costs for goods and services

Perfect for anyone with even a passing interest in macroeconomic phenomena or government policies, which are significantly impacting people's everyday lives around the world, The Inflation Myth and the Wonderful World of Deflation provides a remarkably compelling and provocative view of stunning originality.

About the Author

MARK MOBIUS leads Mobius Capital Partners as one of its founding partners. Formerly the executive chairman of Templeton Emerging Markets Group, Mark has extensive experience in economic research and analysis, particularly in emerging markets. He has served on the World Bank's Global Corporate Governance Forum as a member of the Private Sector Advisory Group.

www.markmobius.com