The World's Monetary Problems (Classic Reprint): Two Memoranda - Couverture souple

Gustav Cassel

 
9781330566428: The World's Monetary Problems (Classic Reprint): Two Memoranda

Synopsis

Explore how expanding money supply, gold standards, and wartime finance collide to shape prices and economies worldwide. This edition surveys the mechanics behind inflation, currency circulation, and the challenges of stabilizing money in a postwar world. It helps readers understand why monetary policy matters for growth, trade, and financial stability.

The book explains how the shift from gold to paper money alters price levels, how legal tender shapes payments, and why different countries experience different money growth. It also discusses how governments and central banks financed the war, and what that means for future monetary policy and international cooperation.


  • How money supply and circulation have changed since the war

  • The role of legal tender, bank deposits, and cheque payments

  • Impacts of rising prices and the challenges of stabilizing gold

  • Policy considerations for international monetary cooperation



Ideal for readers of economic history and policy who want a grounded look at how postwar monetary problems arise and what solutions economists consider.

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