Understanding how money moves in a changed world A clear guide to how exchange rates relate to price levels, wages, and government policy after 1914, from a pioneering economist.
In this edition, you’ll see how a country’s inflation, wage levels, and policy choices shape the value of its currency on the world stage. It explains why simply lowering prices at home doesn’t automatically boost foreign competition, and what that means for trade, prices, and monetary strategy.
Using concrete examples and a steady, down‑to‑earth approach, the text links inflation, exchange rates, and purchasing power in a way that helps readers grasp the big forces behind financial markets and policy decisions.
Ideal for readers of monetary history and policy analysis who want a grounded, practical view of postwar currency dynamics.
Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.
Originally published in 1922. This volume from the Cornell University Library's print collections was scanned on an APT BookScan and converted to JPG 2000 format by Kirtas Technologies. All titles scanned cover to cover and pages may include marks notations and other marginalia present in the original volume.
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Vendeur : Forgotten Books, London, Royaume-Uni
Paperback. Etat : New. Print on Demand. In this book, the author provides an incisive analysis of global monetary policies and currency conditions from the outbreak of World War I to the present. It delves into the impact of the war on currency systems, highlighting how countries abandoned the gold standard and created artificial purchasing power. The author traces the resulting inflation and rise in prices, as well as the consequential expansion in the volume of means of payment. Beyond its historical relevance, this book offers a detailed exploration of the broader theoretical implications of the quantity theory of money. It examines the nuanced relationship between currency supply and price levels and identifies the challenges in accurately measuring the general level of prices during inflationary periods. The author demonstrates how different groups of prices often exhibit varying rates of increase, leading to discrepancies between overall price increases and the growth in currency supply. This comprehensive examination provides valuable insights into the complex dynamics of monetary systems and their impact on economic stability. 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. print-on-demand item. N° de réf. du vendeur 9781330332849_0
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Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781330332849
Quantité disponible : 15 disponible(s)
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781330332849
Quantité disponible : 15 disponible(s)