
- 376 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
Quantitative Easing As A Highway To Hyperinflation
About this book
This book addresses the topical issue of whether the current environment in the US and other major countries, where quantitative easing is used to boost the economy, is conducive to the emergence of hyperinflation. This is a controversial and highly debated issue. Using both economics and history, the author challenges the view that quantitative easing will not lead to hyperinflation and argues that hyperinflation, or at least high inflation, is likely to appear eventually.
The book examines all the propositions put forward for and against the eventuality of hyperinflation in the US, using illustrations based on actual and simulated data. The analysis leads to the conclusion that the current fiscal position of the US government, particularly the levels of external debt and unfunded liabilities, will not be rectified without resorting to inflationary financing. The book would be useful not only for policy makers and economists but also for non-specialist observers.
Contents:
- Inflation, Deflation, Disinflation and All That
- The Measurement of Inflation
- The Monetary Theory of Inflation
- Other Theories of Inflation and Some Extensions
- The Consequences and Costs of Inflation
- The Phenomenon of Hyperinflation
- The History of Fiat Money and Hyperinflation
- Hyperinflationary Episodes since the 1970s
- The Status Quo: Heading Towards Hyperinflation?
- Leading Indicators of U.S. Hyperinflation
- Concluding Thoughts
Readership: Professionals, researchers and general public interested in understanding whether quantitative easing will lead to hyperinflation.
Frequently asked questions
- Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
- Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.4M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Information
Table of contents
- Cover Page
- Halftitle Page
- Title Page
- Copyright Page
- Dedication
- Contents
- List of Figures
- List of Tables
- List of Abbreviations
- Preface
- About the Author
- 1. Inflation, Deflation, Disinflation and All That
- 2. The Measurement of Inflation
- 3. The Monetary Theory of Inflation
- 4. Other Theories of Inflation and Some Extensions
- 5. The Consequences and Costs of Inflation
- 6. The Phenomenon of Hyperinflation
- 7. The History of Fiat Money and Hyperinflation
- 8. Hyperinflationary Episodes since the 1970s
- 9. The Status Quo: Heading Towards Hyperinflation?
- 10. Leading Indicators of U.S. Hyperinflation
- 11. Concluding Thoughts
- References
- Index