
The Inflation Myth and the Wonderful World of Deflation
Mark Mobius(Author)
Wiley (Publisher)
1st Edition
Published on 22. October 2020
Book
Hardback
176 pages
978-1-119-74142-8 (ISBN)
Description
What if everything you've learned about inflation is wrong?
The Inflation Myth and the Wonderful World of Deflation illustrates our rapidly changing world where constant technological innovation leads to cheaper and better products. These changes are no longer reflected in the ways we measure inflation. Renowned investor and author Mark Mobius persuasively argues that what we believe to know about inflation today does not reflect the reality any longer. It is a myth, a legend, a fable, and, yes, a falsehood for a number of reasons.
The Inflation Myth and the Wonderful World of Deflation tackles a number of fascinating topics, including:
* The political nature of inflation measurement where governments manipulate and exploit inflation numbers to fit their economic programs
* The extreme difficulty involved in gathering accurate data to measure inflation and the resulting inaccuracy of those measures
* The error of using currencies to measure inflation when those currencies are continually being debased by the governments who issue them
* Finally, and most importantly, the advances in technology and automation which are leading to continuously falling costs for goods and services
Perfect for anyone with even a passing interest in macroeconomic phenomena or government policies, which are significantly impacting people's everyday lives around the world, The Inflation Myth and the Wonderful World of Deflation provides a remarkably compelling and provocative view of stunning originality.
More details
Language
English
Place of publication
New York
United States
Target group
Professional and scholarly
Dimensions
Height: 217 mm
Width: 145 mm
Thickness: 21 mm
Weight
456 gr
ISBN-13
978-1-119-74142-8 (9781119741428)
Schweitzer Classification
Other editions
Additional editions

E-Book
10/2020
1st Edition
Wiley
€18.99
Available for download

E-Book
10/2020
1st Edition
Wiley
€18.99
Available for download
Content
Preface
1. History and Inflation
2. The Critical Importance of Inflation Numbers
3. What is Inflation?
4. What is Hyperinflation?
5. Money Supply and Inflation
6. Measuring Inflation
7. Controlling and Manipulating Inflation
8. The Wonderful World of Deflation
9. Conclusions
References