Title: Stabilizing the Dollar: A Plan to Stabilize the General Price Level, Without Fixing Individual Prices (Classic Reprint)
Publisher: Forgotten Books
Publication Date: 2018
Language: English
ISBN 10: 0265221196
ISBN 13: 9780265221198
Binding: HRD
Condition: New
Weight: 705 grams

About this title

Synopsis

A practical plan to steady prices and money, not by fixing every price, but by aligning the dollar with the value of a broad basket of goods.

This clear, nontechnical exploration explains how a proposed monetary approach could keep the general price level stable without dictating prices item by item. It blends historical context, economic reasoning, and concrete steps for policymakers.

Written as a concise, accessible guide, the book lays out the core idea, the mechanics of adjusting the dollar’s weight, and why wholesale price trends matter most for a stable economy. It also examines potential objections and compares this plan with other approaches, offering readers a grounded view of how a price-stability strategy might work in practice.

How stability could be achieved by tying the dollar to a carefully chosen index of wholesale prices
Why wholesale price movements are more responsive and useful for guiding adjustments
The role of indexes, measurement choices, and practical steps for implementation

Ideal for readers of economic history and policy proposals who want a clear picture of what stabilizing the dollar could involve and why it matters for everyday prices.

"About this title" may belong to another edition of this title.

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