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The World's Monetary Problems (Classic Reprint): Two Memoranda: Two Memoranda (Classic Reprint) - Tapa blanda
Sinopsis
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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Reseña del editor
Excerpt from The World's Monetary Problems: Two Memoranda
The two memoranda here printed were originally written on invitation of the League of Nations, the first for the International Financial Conference in Brussels in 1920 (originally published in Vol. V. Of the Proceed ings of the Conference and now reprinted by permission of the League), the second for the Financial Committee of the League of Nations for their meeting in September, 1921 (not hitherto published in any form). The two memoranda are so intimately connected with one another that it has been thought desirable that they should appear together in book-form. It is also hoped that this publication may give a wider circle the opportunity to study the nature of the present monetary difficulties and of the means for restoring sound conditions which I have tried to expound in recent years.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Reseña del editor
Excerpt from The World's Monetary Problems: Two Memoranda
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
"Sobre este título" puede pertenecer a otra edición de este libro.
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The World's Monetary Problems: Two Memoranda (Classic Reprint)
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Paperback. Condición: 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. Nº de ref. del artículo: 9781330566428_0
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The World's Monetary Problems
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