The New Inflation, How to Detect It from Beginning to End

Verlag: Alanpuri Trading, Los Angeles, CA, U.S.A., 2013

Anbieter: Alanpuri Trading, Rancho Cucamonga, CA, USAAlanpuri Trading

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Verkäufer:in bei AbeBooks seit 30. Dezember 2008

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Artikelbeschreibung des Verkäufers

Softcover, pictorial (vintage-look) photo wrappers, Exact Facsimile Reprint of the Original 1941 Edition. Book Condition: Brand New, Contents: An extremely rare work by Owen Taylor who was best known for his work on "Point & Figure Technique." This 25 page paper, first published in 1941, focuses on how to identify inflationary periods prior to hyper-inflationary periods by charting specific U.S. Labor Statistics against Raw Material Costs. My favorite part of this book is Taylor's reminder to the reader of the TRUE definition of "Inflation." He cite's The second edition of the New Merriam_Webster International Dictionary as follows: (Keep in mind this was 1941) IN-FLA-TION - 2. Disproportionate and relatively sharp and sudden increase in the quantity of money or credit, or both, relative to the amount of exchange business. Such increase may come as a result of unexpected additions to the supply of precious metals, as in the period following the Spanish conquests in Central and South America or the period following the opening of large new gold deposits; or it may come in times of business activity by expansion of credit through the banks; or it may come in times of financial difficulties by governmental issue of paper money without adequate metalic reserve and without provision for conversion into standard metalic money on demand. In accordance with the law of quantity theory of money, inflation always produces a rise in price level." -- Fast forward to our modern times, and it is clear that understanding and definition has morphed to the "symptoms" of inflation and not the core cause and act of inflation. Merriam-Websters' online now cites the definition as, "a continuing rise in general prices level usually attributed to an increase in the volume of money and credit relative to available goods and services. -- The better definition came in 1941. -- 25 pp. Reprint, Extremely Scarce Title and Content from one of the fathers of Point & Figure Technique. Recommended Reading.…

Bestandsnummer des Verkäufers 000982

Bibliografische Details

Titel
The New Inflation, How to Detect It from Beginning to End
Autor
Taylor, Owen
Verlag
Alanpuri Trading, Los Angeles, CA, U.S.A.
Erscheinungsjahr
2013
Zustand
New
Einband
Soft cover
Auflage
Reprint
Abmessungen
4to - over 9¾ - 12" tall

Alanpuri Trading

Rancho Cucamonga, CA, USA

Verkäufer/-in mit 5 Sternen

Verkäufer:in bei AbeBooks seit 30. Dezember 2008

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Shopbeschreibung

Alanpuri Trading is home to one of the largest private collections of books related to trading the stock market and commodities. Our collection includes a huge selection of hard to find and out of print titles, many of them first editions. For the past ten years we have selectively sold some of these titles to private collectors. We are pleased to announce that we are making parts of our collection available to the general public. Should you have a title request, please let us know and we can contact you if and when that title becomes available. Additionally we have some reprinted books of out of print titles that are extremely rare or very difficult to find.…

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Market Forecasting, Financial Astrology, Trading Systems, Commodity Market, Investment Books, W.D. Gann, Stock Market, Metaphysical, Numerology, Wall Street