In Defense of Deflation: 41 (Financial and Monetary Policy Studies, 41) - Image 1

£84.28

Springer In Defense of Deflation: 41 (Financial and Monetary Policy Studies, 41)

Name: In Defense of Deflation: 41 (Financial and Monetary Policy Studies, 41)
Brand: Springer
Price: 84.28 GBP
Availability: InStock

Professional Finance

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Description

This book analyses the causes and consequences of deflation. In contrast to the widespread belief that deflation would be harmful to the economy as a whole, the author argues that free market deflation is liberating and beneficial. Several myths of deflation are exposed and the reasons for the widespread deflation phobia that serves to justify expansionary monetary policy, i.e., inflation are investigated. Two historical case studies, the growth deflation in the US after the Civil War and the bank credit deflation in Germany during the Great Depression are discussed to illustrate the points made in the theoretical analysis of deflation.

Product Specifications

Brand: Springer
Format: paperback
ASIN: 3319366769
Category: Books > Subjects > Business, Finance & Law > Professional Finance
Domain: Amazon UK
Release Date: 24 September 2016
Listed Since: 27 September 2016

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Springer In Defense of Deflation: 41 (Financial and Monetary Policy Studies, 41)

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