| 書目名稱 | In Defense of Deflation |
| 編輯 | Philipp Bagus |
| 視頻video | http://file.papertrans.cn/463/462895/462895.mp4 |
| 概述 | Analyses and explains the consequences of price deflation.Exposes the myths about deflation and explains the reasons for the deflation phobia.Offers a new interpretation of the US deflation in the sec |
| 叢書名稱 | Financial and Monetary Policy Studies |
| 圖書封面 |  |
| 描述 | 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. |
| 出版日期 | Book 2015 |
| 關(guān)鍵詞 | Bank Credit Deflation; Deflation; Falling Prices; Great Depression; Monetary Policy |
| 版次 | 1 |
| doi | https://doi.org/10.1007/978-3-319-13428-4 |
| isbn_softcover | 978-3-319-36676-0 |
| isbn_ebook | 978-3-319-13428-4Series ISSN 0921-8580 Series E-ISSN 2197-1889 |
| issn_series | 0921-8580 |
| copyright | Springer International Publishing Switzerland 2015 |
|Archiver|手機(jī)版|小黑屋|
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