||From the Back Cover|This book analyses the causes and consequences of deflation. In contrast to the widespread believe that deflation would be harmful to the economy as a whole, the author argues that free market deflation is liberating and beneficial. Several
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 afte...
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You easily download any file type for your device.In Defense of Deflation (Financial and Monetary Policy Studies) | Philipp Bagus. I have read it a couple of times and even shared with my family members. Really good. Couldnt put it down.