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Language: English
Published by Edinburgh University Press, GB, 2022
ISBN 10: 1788212371 ISBN 13: 9781788212373
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Paperback. Condition: New. Inflation, hyperinflation and deflation have all had profound effects on societies, especially during periods of war and crisis. Today's approach to managing inflation has been shaped by these episodes and informed by debates between different schools of economic thought from Fisher and Hayek to Keynes and the monetarists. This accessible and authoritative overview explores the role of inflation in the modern economy, from its place in monetary policy and in money supply to its effects on everyday business.In a compelling analysis, the book shows that since the financial crisis in 2008-09, inflation rates have remained persistently higher than interest rates worldwide, which is the inverse of our basic understanding of how inflation normally affects markets. The result of this inversion has been that the effective real return on investment has become negative, and consequently, the investment rate has dropped across western economies. At a time when inflation once again challenges the world's leading economies, the book offers valuable insight into the monetary policy of central banks.
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Published by Agenda Publishing - IPSUK, 2022
ISBN 10: 1788212371 ISBN 13: 9781788212373
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ISBN 10: 1788212371 ISBN 13: 9781788212373
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Published by Agenda Publishing, Newcastle upon Tyne, 2022
ISBN 10: 1788212371 ISBN 13: 9781788212373
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Paperback. Condition: new. Paperback. Inflation, hyperinflation and deflation have all had profound effects on societies, especially during periods of war and crisis. Today's approach to managing inflation has been shaped by these episodes and informed by debates between different schools of economic thought from Fisher and Hayek to Keynes and the monetarists. This accessible and authoritative overview explores the role of inflation in the modern economy, from its place in monetary policy and in money supply to its effects on everyday business.In a compelling analysis, the book shows that since the financial crisis in 2008-09, inflation rates have remained persistently higher than interest rates worldwide, which is the inverse of our basic understanding of how inflation normally affects markets. The result of this inversion has been that the effective real return on investment has become negative, and consequently, the investment rate has dropped across western economies. At a time when inflation once again challenges the world's leading economies, the book offers valuable insight into the monetary policy of central banks. An accessible and authoritative overview of the role of inflation in the modern economy, from its place in monetary policy and in money supply to its effects on everyday business. Shipping may be from multiple locations in the US or from the UK, depending on stock availability.
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Language: English
Published by Kendall Hunt Publishing, 2021
ISBN 10: 179245211X ISBN 13: 9781792452116
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First Edition
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Published by Taylor & Francis Group, 2013
ISBN 10: 041586481X ISBN 13: 9780415864817
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Condition: New. pp. 442 1st Edition.
Language: English
Published by Taylor & Francis Ltd, 2013
ISBN 10: 041586481X ISBN 13: 9780415864817
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Published by Taylor & Francis Group, 2013
ISBN 10: 041586481X ISBN 13: 9780415864817
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Kartoniert / Broschiert. Condition: New. An accessible and authoritative overview of the role of inflation in the modern economy, from its place in monetary policy and in money supply to its effects on everyday business.Über den AutorMax Gillman is Hayek Prof.
Language: English
Published by Agenda Publishing, Newcastle upon Tyne, 2022
ISBN 10: 1788212371 ISBN 13: 9781788212373
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Paperback. Condition: new. Paperback. Inflation, hyperinflation and deflation have all had profound effects on societies, especially during periods of war and crisis. Today's approach to managing inflation has been shaped by these episodes and informed by debates between different schools of economic thought from Fisher and Hayek to Keynes and the monetarists. This accessible and authoritative overview explores the role of inflation in the modern economy, from its place in monetary policy and in money supply to its effects on everyday business.In a compelling analysis, the book shows that since the financial crisis in 2008-09, inflation rates have remained persistently higher than interest rates worldwide, which is the inverse of our basic understanding of how inflation normally affects markets. The result of this inversion has been that the effective real return on investment has become negative, and consequently, the investment rate has dropped across western economies. At a time when inflation once again challenges the world's leading economies, the book offers valuable insight into the monetary policy of central banks. An accessible and authoritative overview of the role of inflation in the modern economy, from its place in monetary policy and in money supply to its effects on everyday business. Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability.
Language: English
Published by Harvard University Press, 2013
ISBN 10: 0674066871 ISBN 13: 9780674066878
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