Published by Lulu.com, 2013
ISBN 10: 1304655369 ISBN 13: 9781304655363
Seller: Lucky's Textbooks, Dallas, TX, U.S.A.
Condition: New.
Published by Lulu.com, 2013
ISBN 10: 1304655369 ISBN 13: 9781304655363
Seller: Ria Christie Collections, Uxbridge, United Kingdom
Condition: New. PRINT ON DEMAND Book; New; Fast Shipping from the UK. No. book.
Published by Lulu.com, 2013
ISBN 10: 1304655369 ISBN 13: 9781304655363
Seller: THE SAINT BOOKSTORE, Southport, United Kingdom
Hardback. Condition: New. This item is printed on demand. New copy - Usually dispatched within 5-9 working days.
Published by Lulu.com, 2013
ISBN 10: 1304655369 ISBN 13: 9781304655363
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
HRD. Condition: New. New Book. Delivered from our UK warehouse in 4 to 14 business days. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000.
Published by Lulu.Com, 2013
ISBN 10: 1304655369 ISBN 13: 9781304655363
Seller: AHA-BUCH GmbH, Einbeck, Germany
Buch. Condition: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - This book shows we must adjust money supply to account for productivity if deflation is to be avoided. The central banker is not profit oriented and can create money at will, not subject to rational investor constraints. Businesses leverage low interest rates enforced by the central bank to grow and increase employment, compensating for the reduced labor necessary for the former level of goods and services. This leveraged difference in returns is the equity premium. Even a one time productivity increase requires a corresponding permanent increase not in the money supply itself, but in the 'rate of increase' of the money supply. Given the steady growth in productivity of the last 100 years, the world economy is now grossly under-stimulated and in danger of precipitous deflation. Both academic models and arguments based on historical events are presented, along with analysis of the meaning of money, investor behavior, and practical techniques for obtaining the equity premium in one's portfolio.
Published by Lulu.com, 2016
ISBN 10: 1304655369 ISBN 13: 9781304655363
Seller: moluna, Greven, Germany
Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Über den AutorrnrnRobert Shuler combines 42 years of aerospace & software fault tolerant systems design, verification and management with a knack for finding hidden principles. He has half a dozen patents and numerous publications in field.