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The Inflation Myth and the Wonderful World of Deflation
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The Inflation Myth and the Wonderful World of Deflation
$5299
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?
This book is ideal for readers interested in macroeconomics, government policy, and the impact of technology on economic indicators, suitable for both novices and those seeking a thought-provoking critique of inflation measurement.
Book Hero Magic formatted this description to make it easier to read. While it's new and
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Description
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.
Book Details
INFORMATION
ISBN: 9781119741428
Publisher: John Wiley & Sons Inc
Format: Hardback
Date Published: 02 November 2020
Country: United States
Imprint: John Wiley & Sons Inc
Audience: General / adult
DIMENSIONS
Spine width: 23.0mm
Width: 140.0mm
Height: 218.0mm
Weight: 454g
Pages: 256
About the Author
MARK MOBIUS leads Mobius Capital Partners as one of its founding partners. Formerly the executive chairman of Templeton Emerging Markets Group, Mark has extensive experience in economic research and analysis, particularly in emerging markets. He has served on the World Bank's Global Corporate Governance Forum as a member of the Private Sector Advisory Group.
www.markmobius.com
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