Download or read book Currency Inflation Its Cause and Cure written by and published by . This book was released on 1949 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Inflation written by Thomas Robert Saving and published by . This book was released on 1984 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This booklet, one of a series intended to apply economic principles to major social and political issues of the day, focuses on the relationship between growth of the money supply, growth of productivity, and inflation. Provided first is a definition of inflation along with discussions of price indexes, the value of money, and the concept of money-velocity in relation to inflation. As causes of inflation, the energy crisis and monopolies are briefly examined and rejected. Equations are developed to consider what determines price level, what determines the rate of inflation, and how things like oil and regulation affect inflation, and the conclusion is reached that growth of the money supply beyond the growth of productivity is the root cause of inflation. The section dealing with the cure for inflation covers: (1) the relationship between money and unemployment; (2) the relationship between an increasing rate of inflation and the reduction of unemployment; and (3) some problems with the solution to inflation, (defined as a reduction in the money supply and possibly a return to money that is convertible into a commodity, such as gold). (IS)
Download or read book Currency Inflation written by Joseph Cornelius Kumarappa and published by . This book was released on 1943 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Great Inflation written by Michael D. Bordo and published by University of Chicago Press. This book was released on 2013-06-28 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.
Download or read book The Causes Costs and Compensations of Inflation written by William Oliver Coleman and published by Edward Elgar Publishing. This book was released on 2009-01-01 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is difficult to give justice to this intriguing book within the confines of a short review. Ernst Juerg Weber, History of Economics Review Coleman s book provides an impressively clear, lively, and intuitive discussion of three of the most important issues in all of monetary economics. I recommend it highly to all readers with an interest in these issues. Peter N. Ireland, Journal of Economic Literature William Coleman s book offers a highly original and insightful discussion of the state of modern monetary theory. Professor Coleman covers difficult issues with a lightness of touch that makes for a very readable discussion. It will benefit students as well as professional economists and policymakers. Kevin Dowd, University of Nottingham, UK This book explores the causes, costs and benefits of inflation. It argues that while the cause of inflation is essentially monetary, the costs and benefits of inflation lie in inflation s distortion of the economy's responses to real shocks. The book begins by securing the Quantity Theory of Money from certain critiques. The theory is defended from the fiscal theory of the price level by a refinement of the theory of money demand, and from post Keynesianism by the construction of a theory of the supply of inside money. To cope with the endogeneity of outside money, a simple and tractable neo-Wicksellian theory of inflation is advanced, which is shown to exhibit a striking homology with the Quantity Theory. The author then traces the costliness of inflation, not to any disturbance of the money market, but to the damage inflation does to the bond market s function of sharing out disturbances to consumption caused by technological shocks. The same damage, however, imparts an egalitarian dynamic to the accumulation of wealth, which will not occur without risky inflation. The Causes, Costs and Compensations of Inflation will be of great interest to policy makers, central bankers, researchers, and both post-graduate and undergraduate students in macroeconomics, money and banking.
Download or read book Inflation written by Thomas R. Saving and published by . This book was released on 1984 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: This booklet, one of a series intended to apply economic principles to major social and political issues of the day, focuses on the relationship between growth of the money supply, growth of productivity, and inflation. Provided first is a definition of inflation along with discussions of price indexes, the value of money, and the concept of money-velocity in relation to inflation. As causes of inflation, the energy crisis and monopolies are briefly examined and rejected. Equations are developed to consider what determines price level, what determines the rate of inflation, and how things like oil and regulation affect inflation, and the conclusion is reached that growth of the money supply beyond the growth of productivity is the root cause of inflation. The section dealing with the cure for inflation covers: (1) the relationship between money and unemployment; (2) the relationship between an increasing rate of inflation and the reduction of unemployment; and (3) some problems with the solution to inflation, (defined as a reduction in the money supply and possibly a return to money that is convertible into a commodity, such as gold). (IS).
Download or read book Inflation written by Leon V. Schwartz and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In economics, inflation is a rise in the general level of prices of goods and services in an economy over a period of time. The term inflation once referred to increases in the money supply (monetary inflation); however, economic debates about the relationship between money supply and price levels have led to its primary use today in describing price inflation. Inflation can also be described as a decline in the real value of money -- a loss of purchasing power in the medium of exchange which is also the monetary unit of account. When the general price level rises, each unit of currency buys fewer goods and services. A chief measure of general price-level inflation is the general inflation rate, which is the percentage change in a general price index, normally the Consumer Price Index, over time. Inflation can have adverse effects on an economy. For example, uncertainty about future inflation may discourage investment and savings. High inflation may lead to shortages of goods if consumers begin hoarding out of concern that prices will increase in the future. Economists generally agree that high rates of inflation and hyperinflation are caused by an excessive growth of the money supply. This new important book gathers the latest research from around the globe on this issue.
Download or read book Inflation written by Robert E. Hall and published by University of Chicago Press. This book was released on 2009-05-15 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents the latest thoughts of a brilliant group of young economists on one of the most persistent economic problems facing the United States and the world, inflation. Rather than attempting an encyclopedic effort or offering specific policy recommendations, the contributors have emphasized the diagnosis of problems and the description of events that economists most thoroughly understand. Reflecting a dozen diverse views—many of which challenge established orthodoxy—they illuminate the economic and political processes involved in this important issue.
Download or read book Inflation written by Gottfried Haberler and published by . This book was released on 1960 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Inflation Its Causes and Cures written by Gottfried Haberler and published by . This book was released on 1966 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book What Is Inflation The Different Types Of Inflation What Causes The Occurrence Of Inflation In The Economy And How The Economy Is Affected By The Occurrence Of Inflation In The Economy written by Dr. Harrison Sachs and published by The Epic Books Of Dr. Harrison Sachs. This book was released on 2022-02-19 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt: This essay sheds light on what is inflation, demystifies the different types of inflation, explicates what causes the occurrence of inflation in the economy, and expounds upon how the economy is affected by the occurrence of inflation in the economy. Succinctly stated, inflation is a term that delineates the loss of purchasing power of a fiat currency. The occurrence of inflation in the economy is characterized by the amplification of the prices of products and services. The occurrence of inflation in the economy adversely impinges on the purchasing power of the people who are apart of the indebted economic class. The occurrence of inflation in the economy can also adversely impact the standard of the people who are apart of the indebted economic class. The occurrence of inflation in the economy can also render it far more cumbersome for people to be able to generate enough revenue to be able to pay off their outstanding debts. The loss of purchasing power of a fiat currency also concomitantly devalues the purchasing power of the minimum wage. An annual increase to the minimum wage rate is often significantly lower than the annualized inflation rate. There are a myriad of disparate types of inflation. Some of the different types of inflation encompass “cost-push inflation, demand-pull inflation, and built-in inflation”. One type of inflation is demand-pull inflation. “The term demand-pull inflation describes a widespread phenomenon that occurs when consumer demand outpaces the available supply of many types of consumer goods. Demand-pull inflation occurs when demand for goods and services exceeds supply in the economy. While demand increases, the supply of goods and services available for purchase may remain the same or drop. An increase in aggregate demand can also lead to this type of inflation”. Aggregate customer demand for products can put an upward pressure on the prices of the products that are in high demand and short supply. If there is massive customer demand for the products of companies at their retail prices that are not produced in sizeable enough quantities to satisfy pent-up customer demand for them at their retail prices, then companies may be all the more inclined to raise the products of their products in order to further amplify their profit margin per product sold. When companies resort to raising the products of their products in order to further amplify their profit margin per product sold, then it can cause them to have amplified seller surplus on their sales of products. When companies resort to raising the products of their products in order to further amplify their profit margin per product sold, then it can also reduce the customer demand for their products in contexts in which the members of their target market are price-sensitive customers. When companies resort to raising the products of their products in order to further amplify their profit margin per product sold, then it can also cause their customers to have decreased customer surplus on their purchases of products. Another type of inflation is cost-push inflation. “Cost-push inflation, also known as wage-push inflation, occurs when overall prices increase due to increases in the cost of wages and raw materials. Higher costs of production can decrease the aggregate supply, or the amount of total production, in an economy. If demand for affected goods has not changed, the price increases from production are passed onto consumers creating cost-push inflation”. When companies incur amplified product manufacturing costs, then they are all the more inclined to resort to raising the products of their products in order to maintain their profit margin per product sold. If companies did not resort to raising the products of their products post incurring amplified product manufacturing costs, then it would culminate in their profit margin per product sold being decreased. Companies can decrease their product manufacturing costs by leveraging artificial intelligence-powered industrial robots to manufacture their products. Another type of inflation is built-in inflation. “Built-in inflation is related to adaptive expectations or the idea that people expect current inflation rates to continue in the future. As the price of goods and services rises, people may expect a continuous rise in the future at a similar rate”.
Download or read book Inflation written by Mrityunjoy Banerjee and published by . This book was released on 1975 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The New Inflation Causes Effects Cures written by George Leland Bach and published by Providence : Brown University Press. This book was released on 1973 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: Study of the causes, economic implications and future trends of inflation in the USA, with particular reference to economic policy priorities - covers trade union wages 'push', price policy, credit, price stabilization, unemployment, etc. References and statistical tables.
Download or read book Economics written by Chris Mulhearn and published by MacMillan. This book was released on 1999 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics provides an interactive and illuminating account of the issues facing all economies today. The writing style reflects the nature of discourse of the discipline, providing an analytical rather than a descriptive approach.
Download or read book What You Should Know about Inflation written by Henry Hazlitt and published by Ludwig von Mises Institute. This book was released on 1960 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The inflation crisis and how to resolve it written by Henry Hazlitt and published by Ludwig von Mises Institute. This book was released on 1978 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Cause and Cure of dollar Shortage written by Frank Dunstone Graham and published by . This book was released on 1949 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
