The World's Monetary Problems (Classic Reprint): Two Memoranda: Two Memoranda (Classic Reprint) - Softcover
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Understanding the core ideas behind today’s monetary chaos and what drives inflation.
This book explains how war, paper currencies, and changing payment habits have reshaped money in many countries. It looks at the shift from gold to diverse paper standards and why the total amount of money can rise without a matching rise in goods. The discussion focuses on what counts as real money, how payments are made, and why prices move differently in different places.
Across chapters, readers will see how governments created more money and how that affects buying power. The text also considers the role of gold, the dangers of scarce gold, and the idea of stabilizing value across nations. It addresses how price levels rise, how people measure those rises, and why official statistics may diverge from lived experience. The book also surveys economic policy decisions that influence inflation, trade, and recovery after conflict.- How money, prices, and production relate in a postwar world
- Why a single global price is misleading when each country uses its own paper standard
- The impact of currency circulation, hoarding, and bank deposits on payments
- Potential policy tools to stabilize value and encourage recovery
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The World's Monetary Problems: Two Memoranda (Classic Reprint)
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Paperback. Zustand: 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. Bestandsnummer des Verkäufers 9781330566428_0
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The World's Monetary Problems
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PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781330566428
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The World's Monetary Problems
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PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781330566428
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