In Defense of Deflation

This book analyses the causes and consequences of deflation.

Author: Philipp Bagus

Publisher: Springer

ISBN: 3319366769

Category: Business & Economics

Page: 215

View: 695

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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.

How Deflation Works

This book is an invaluable guide to this most dangerous of economic cycles and offers the power of knowledge, helping readers to adapt to shifting economic trends with comprehension, historical perspective, and sound advice and strategies.

Author: Corona Brezina

Publisher: The Rosen Publishing Group, Inc

ISBN: 1448808243

Category: Juvenile Nonfiction

Page: 80

View: 325

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Though steadily falling prices over a prolonged period sounds like a good thing, deflation is the ultimate vicious cycle. When the money supply decreases due to tight credit, a terrible cascade of negative reactions ensues, often leading to severe economic contraction, recession, or depression. If there is too little money circulating in the economy, demand for goods drops, as do prices. If companies sell less at a lower profit, they cut back on manufacturing of existing products and development of new ones. They eventually are forced to release workers. Unemployed workers spend even less on consumer goods, so demand and prices dip even lower. More layoffs occur, and the negative cycle deepens. This book is an invaluable guide to this most dangerous of economic cycles and offers the power of knowledge, helping readers to adapt to shifting economic trends with comprehension, historical perspective, and sound advice and strategies.

How Deflation Affects You

They also learn about _bad deflation_ and _good deflation._ This straightforward book gives readers a thorough grounding in what happens to their purchasing power with deflation, and how deflation influences their spending decisions, ...

Author: Barbara Gottfried Hollander

Publisher: The Rosen Publishing Group, Inc

ISBN: 9781448883516

Category: Juvenile Nonfiction

Page: 80

View: 103

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Readers discover what deflation is in global and national economies through accessible, easy-to-understand terms. They also learn how deflation is measured as well as how rises and falls in the Gross Domestic Product describe expansions and downturns in the economy. Japan’s “lost decade” of the 1990s is used as an international example to illustrate how deflation affects people. Students investigate the U.S. economy by learning about fiscal policy, deflation, and economic booms and downturns, monetary policy, and liquidity traps. They also learn about “bad deflation” and “good deflation.” This straightforward book gives readers a thorough grounding in what happens to their purchasing power with deflation, and how deflation influences their spending decisions, investment choices, employment, income, and loans.

Deflation

An analysis of the benefits and consequences of deflation considers the possible link between significant historical deflation and the Great Depression, citing the causes of deflation while arguing for controlled and moderate deflation as a ...

Author: Chris Farrell

Publisher: Harper Collins

ISBN: 9780060576462

Category: Business & Economics

Page: 244

View: 178

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An analysis of the benefits and consequences of deflation considers the possible link between significant historical deflation and the Great Depression, citing the causes of deflation while arguing for controlled and moderate deflation as a natural part of the economic cycle. Reprint. 10,000 first printing.

Inflation Deflation and Unemployment

They might feel that it's too complicated to understand, or that it's just for adults. This illuminating volume explains facets of the economy and how they are measured in plain language.

Author: Laura Loria

Publisher: The Rosen Publishing Group, Inc

ISBN: 9781538302644

Category: Juvenile Nonfiction

Page: 50

View: 400

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The Economy can be an intimidating subject for some readers. They might feel that it's too complicated to understand, or that it's just for adults. This illuminating volume explains facets of the economy and how they are measured in plain language. It offers age-appropriate, real-life illustrations of the concepts to help middle-school readers relate on a personal level. Historical and current examples are cited throughout the text, which support curricular standards outlined in the C3 Framework for Social Studies State Standards.

Deflation

How will the coming deflation affect you? What strategies will work in the deflation years ahead? Look inside for:

Author: A. Gary Shilling

Publisher: Lakeview Publishing Company

ISBN: UOM:39076002436447

Category: Business & Economics

Page: 372

View: 236

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How will the coming deflation affect you? What strategies will work in the deflation years ahead? Look inside for:

The Inflation Myth and the Wonderful World of Deflation

A gripping and convincing work of stunning originality, this book reveals that, when it comes to inflation, the emperor really does have no clothes.

Author: Mark Mobius

Publisher: John Wiley & Sons

ISBN: 9781119741428

Category: Business & Economics

Page: 256

View: 897

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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.

Deflation

Selected as one of the "Best Business Books of the Year" by Library Journal, Deflation provides tools for investors to protect their assets and invest profitably in deflationary times, a post-inflation economic environment that few of today ...

Author: A. Gary Shilling

Publisher: McGraw Hill Professional

ISBN: 0071382518

Category: Business & Economics

Page: 372

View: 906

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Selected as one of the "Best Business Books of the Year" by Library Journal, Deflation provides tools for investors to protect their assets and invest profitably in deflationary times, a post-inflation economic environment that few of today's investors have experienced­­and even fewer understand. Lively and easy-to-understand, it tells investors how to recognize telltale signs of deflation, discusses the industry sectors that are positioned to outperform the overall market, and reveals 13 deflation-ready investing strategies­­including low-risk fixed income techniques designed to sustain equity-style total returns.

Digital Deflation

Its all here, and Graham Tanaka is right on target!" --Lawrence Kudlow, CNBCs "Kudlow & Cramer." "Whether youre bullish, bearish or in between, this is an important book for all investors to read!

Author: Graham Tanaka

Publisher: McGraw Hill Professional

ISBN: 0071376178

Category: Business & Economics

Page: 446

View: 413

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Praise for Digital Deflation: "Technology, productivity, deflation, and wealth creation. Its all here, and Graham Tanaka is right on target!" --Lawrence Kudlow, CNBCs "Kudlow & Cramer." "Whether youre bullish, bearish or in between, this is an important book for all investors to read!" --Dr. Edward Yardeni, Chief Investment Strategist, Prudential Securities "Once in a great while, an original and thought-provoking book comes along. Digital Deflation is it--a must read!" --Thomas R. Schwarz, former president and COO, Dunkin Donuts, Inc. "Graham Tanaka has sensed, well ahead of most, the issues surrounding the possible emergence of deflation. He demonstrates that our measurement processes, tuned as they are to inflation, are not picking up the declines in real prices that are occurring--and that we are missing the implications for our economy and corporate strategies." --William C. Dunkelberg, chief economist, National Federation of Independent Business "Consumers spend on goods and services with the greatest quality improvement rather than merely responding to price information. Thank Graham Tanaka for laying out this and other valuable insights in Digital Deflation. Read it." --Wayne Angell, former Federal Reserve Governor How the "digital revolution" is driving todays economy--and its impact on corporations, government policy, and the stock market New technologies have transformed how todays economy works. Digital Deflationexamines this new economic environment, from how we got here to where we are going. Eye-opening yet solidly grounded, it explains how low inflation and interest rates, coupled with technology-driven productivity gains, will create massive wealth in the coming decades, and benefit stock market P/E multiples over the long term. Combining insightful analyses with convincing charts and graphs, Digital Deflationprovides a clear understanding of how digital technologies will continue to alter every aspect of business. Readers will discover: Why inflation declined so dramatically in the 1980s and 1990s, and is likely to head even lower New measures of economic activity and how they will affect policy The laws of digital deflation--how they work and what they mean for corporate decision makers