£37.56

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£38 today · all-time low £37 (Oct 2026) · usually £40

MACMILLAN Commodities as an Asset Class: Essays on Inflation, the Paradox of Gold and the Impact of Crypto (Palgrave Studies in Classical Liberalism)

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£41.27 £36.53 £37.56 £38.60 £39.63 £40.67 £41.70 12 August 2026 29 August 2026 16 September 2026 03 October 2026 21 October 2026
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Price Distribution

Price distribution over 71 days • 5 price levels

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2 days 1 day · current 5 days 60 days 3 days 0 15 30 45 60 £37 £38 £39 £40 £41 Days at Price

Price Analysis

Most common price: £40 (60 days, 84.5%)

Price range: £37 - £41

Price levels: 5 different prices over 71 days

Description

This book challenges the notion that commodities are always good hedges against inflation, which is the conventional belief today in financial markets. Specifically, it focuses on gold as a traditional hedge and the ways in which crypto assets are argued to be positioned as an alternative hedge against inflationary risk. The book engages with emerging debates around the performance of gold since the 2008 financial crisis, analyzing its characteristics, relationship with inflation, and the role of mining companies, and discusses ways that cryptocurrencies have replaced precious metals as an attractive asset class during an inflationary scenario. In considering the case of crypto as being or not a good inflation hedge, the book devotes particular attention to the theoretical financial and macroeconomic implications of a monetary system based on Bitcoin, dealing with the concept of money and the determination of Bitcoin’s supply and purchasing power. Additionally, it outlines theconsequences that such a system would entail for the banking industry, and financial conditions involving interest rates, exchange rates, and the inflation-deflation dynamic. The book also analyses the relative impact of past and future events on the different commodity families. This work will be of interest to students and researchers in financial economics, macroeconomics, and monetary economics, as well as analysts and traders in financial and commodity markets.

Key Features

New Store Stock

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
04 November 2022
Listed Since
20 August 2022

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