Stabilizing the Dollar: A Plan to Stabilize the General Price Level
Language: English
Published by Forgotten Books, 2018
- Softcover
- New



Seller: Forgotten Books, London, United KingdomForgotten Books
AbeBooks seller since June 2, 2021
Condition: New
US$ 22.55
Quantity: Over 20 available
Add to basketItem description from seller
Print on Demand. This book explores the concept of how price levels can be stabilized, arguing that an unstable price level is the main source of injustice, violence, and social upheaval. It makes the case that the purchasing power of currency has always been unstable, as historically no instrument for measuring its aberrations had been conceived. However, thanks to the introduction of the price index, we can now rectify this. The author demonstrates how money can control price level, showing that the more gold in a dollar, the greater its buying power and subsequently, the lower the price level. The author concludes by discussing a way to standardize our monetary units, advocating for a reform that would safeguard agreements made at one date to pay money at another, by adjusting the dollar for purchasing power. The book delves into many historical price movements, analyzes their causes, and proposes an ingenious and simple solution to avert future social injustice from price level instability. 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.…
Seller Inventory # 9781440054037_0
- Title
- Stabilizing the Dollar: A Plan to Stabilize the General Price Level
- Author
- Irving Fisher
- Publisher
- Forgotten Books
- Publication year
- 2018
- Condition
- New
- Book Type
- print-on-demand item
- Binding
- Paperback
- Language
- English
- ISBN 10
- 1440054037
- ISBN 13
- 9781440054037
- Seller catalogs
- Economics
A practical new approach to monetary stability is outlined in this influential work.
It argues for a simple, implementable plan to stabilize the dollar by adjusting its purchasing power to match a price-based standard.
The text frames the plan within a broad view of prices, money, and policy, explaining how stabilization could be pursued at national or international levels. It emphasizes a transparent mechanism, careful use of data, and a path that many readers—economists and lay readers alike—could grasp and discuss.
- How the stabilization idea works in concrete terms and what changes it could bring to the economy.
- Why the author favors a wholesale price index as the key gauge for adjustments.
- What would be adjusted, how often, and what safeguards would protect against speculative moves.
- The historical context, potential benefits, and considerations for public policy and reform.
Ideal for readers curious about monetary reform, economic policy, and the long arc of price stability.
"Synopsis" may belong to another edition of this title.
Forgotten Books
London, United Kingdom
AbeBooks seller since June 2, 2021
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Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.
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