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.
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Vendeur : Forgotten Books, London, Royaume-Uni
Paperback. Etat : New. Print on Demand. This book examines the global monetary crisis that arose in the wake of World War I. The author, a renowned economist, traces the origins of the widespread inflation and economic instability to the reckless creation of money by governments to finance the war. He argues that this 'inflation' has undermined the value of currencies, disrupted international trade, and caused great hardship, particularly for those on lower incomes. The author proposes solutions to these problems, emphasizing the need to restore sound monetary standards based on the pre-war gold standard. This book provides a comprehensive analysis of the monetary crisis of the early 20th century and offers valuable insights for understanding the challenges facing the global economy today. 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 9781330566428_0
Quantité disponible : Plus de 20 disponibles
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-9781330566428
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-9781330566428
Quantité disponible : 15 disponible(s)