The Great Inflation and Its Aftermath

The Great Inflation and Its Aftermath
Author: Robert J. Samuelson
Publisher: Random House Trade Paperbacks
Total Pages: 353
Release: 2010-01-26
Genre: Business & Economics
ISBN: 0812980042

The Great Inflation in the 1960s and 1970s, notes award-winning columnist Robert J. Samuelson, played a crucial role in transforming American politics, economy, and everyday life. The direct consequences included stagnation in living standards, a growing belief—both in America and abroad—that the great-power status of the United States was ending, and Ronald Reagan’s election to the presidency in 1980. But that is only half the story. The end of high inflation led to two decades of almost uninterrupted economic growth, rising stock prices and ever-increasing home values. Paradoxically, this prolonged prosperity triggered the economic and financial collapse of 2008 and 2009 by making Americans—from bank executives to ordinary homeowners—overconfident, complacent, and careless. The Great Inflation and its Aftermath, Samuelson contends, demonstrated that we have not yet escaped the boom-and-bust cycles common in the nineteenth and early twentieth centuries. This is a sobering tale essential for anyone who wants to understand today’s world.

Inflation

Inflation
Author: Steve Forbes
Publisher: Encounter Books
Total Pages: 141
Release: 2022-04-19
Genre: Business & Economics
ISBN: 1641772441

Inflation: What It Is, Why It’s Bad, and How to Fix It explains what’s behind the worst inflationary storm in more than forty years—one that is dominating the headlines and shaking Americans by their pocketbooks. The cost-of-living explosion since the COVID pandemic has raised alarms about a possible return of a 1970’s-style “Great Inflation.” Some observers even fear a descent into the kind of Weimar-style hyperinflation that has torn apart so many nations. Is this true? If so, what should be done? How should we prepare for the future? Inflation answers these and other questions in an engaging discussion that draws on the singular expertise of Steve Forbes, chairman of Forbes Media, acclaimed for his insights on money and the economy; Nathan Lewis, internationally renowned expert on money and taxation; and author and journalist Elizabeth Ames. The authors say that today’s problems can be solved by discarding longstanding beliefs that helped bring on the current crisis. They include the notion that central banks can create prosperity through artificially creating money “out of thin air,” and also that economic “stability” requires “a little inflation.” Such ideas for decades have been Holy Writ in official Washington. Inflation shows why they are misguided. The book also explains why the current rage for heedless money-printing advocated by left-wing advocates of so-called Modern Monetary Theory is likely to lead the nation—and the world—down the road to disaster. Packed with examples from the headlines and from history, Inflation is a unique, real-world exploration of the subject that addresses everyday concerns of Americans under siege by rising prices, including steps you should take to protect your wealth. Inflation is essential reading for everyone seeking to navigate these tumultuous times.

The Downfall of Money

The Downfall of Money
Author: Frederick Taylor
Publisher: Bloomsbury Publishing USA
Total Pages: 433
Release: 2015-03-03
Genre: History
ISBN: 1620402378

"Excellent . . . Mr. Taylor tells the history of the Weimar inflation as the life-and-death struggle of the first German democracy . . . This is a dramatic story, well told." --The Wall Street Journal

The Economics of Inflation

The Economics of Inflation
Author: Constantino Bresciani-Turroni
Publisher: Routledge
Total Pages: 467
Release: 2013-05-13
Genre: Business & Economics
ISBN: 1135033226

The Economics of Inflation provides a comprehensive analysis of economic conditions in Germany under the Great Inflation and discusses inflationary conditions in general. The analysis is supported by extensive statistical material. * For this translation the author thoroughly revised the original work * Includes an appendix on German economic conditions in the years following the monetary reform, 1923-24

Forty Centuries of Wage and Price Controls

Forty Centuries of Wage and Price Controls
Author: Robert L. Schuettinger.
Publisher: Ludwig von Mises Institute
Total Pages: 194
Release: 1979
Genre: Political Science
ISBN: 161016525X

The Mises Institute is thrilled to bring back this popular guide to ridiculous economic policy from the ancient world to modern times. This outstanding history illustrates the utter futility of fighting the market process through legislation. It always uses despotic measures to yield socially catastrophic results. It covers the ancient world, the Roman Republic and Empire, Medieval Europe, the first centuries of the U.S. and Canada, the French Revolution, the 19th century, World Wars I and II, the Nazis, the Soviets, postwar rent control, and the 1970s. It also includes a very helpful conclusion spelling out the theory of wage and price controls. This book is a treasure, and super entertaining!

The Inflation Myth and the Wonderful World of Deflation

The Inflation Myth and the Wonderful World of Deflation
Author: Mark Mobius
Publisher: John Wiley & Sons
Total Pages: 261
Release: 2021-01-26
Genre: Business & Economics
ISBN: 1119741424

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.

The Return

The Return
Author: Dick Morris
Publisher: Humanix Books
Total Pages: 227
Release: 2022-07-12
Genre: Political Science
ISBN: 1630062081

Wall Street Journal Bestseller | USA Today Bestseller "Really an interesting read, would make a great Christmas gift! Get your copy of The Return: Trump’s Big 2024 Comeback"—Donald J. Trump, 45th President of the United States “The Return is a fantastic political analysis of what very well may be taking place in the not-too-distant future. Dick Morris is a #1 New York Times Bestselling Author, who is also a true political pro. Great book, get it now!!!"—Donald J. Trump, 45th President of the United States The Trump revolution cannot succeed without Trump. Will he run in 2024? You bet he will. Will he be the GOP nominee? Absolutely. Will he win the election? YES. New York Times bestselling author, Dick Morris, is a winning presidential strategist and the man Time magazine dubbed “the most influential private citizen in America.” In his new book, The Return: Trump’s Big 2024 Comeback, lays-out Trump’s secret plan to return to the Oval Office in 2024. Since 2016, Dick Morris has been a behind-the-scenes adviser to Donald Trump, playing a key role in Trump’s surprise 2016 win. For the first time, Dick Morris reveals President Trump’s strategy to win in 2024 (And yes, he’s running!). The stakes for the next elections could not be higher. “President Trump knows the future of America rests on his shoulders,” Morris says bluntly. Morris explains that we cannot repeat 2020—and we can’t let the Democrats get away with it again or America is lost. He provides the road map that Trump is prepared to implement in his effort to take-back the White House and the nation. Conservatives and MAGA supporters must realize that there are new rules. The Democrats, Big Media, Soros, and the Deep State have decided Trump must be stopped at any cost. Morris reveals how to beat the Democrats and the radical left at their own game – and getting freedom-loving Americans to rise up for Trump and our democracy. Morris outlines the strategy for victory on three fronts: Make certain more legal, eligible voters cast ballots for Republicans, and that their votes are not offset by a torrent of illegal ballots. Morris says a new group of Trump voters are emerging who will create a New Majority. The Republican candidate in 2024 will, and must, be Donald J. Trump. Accept no substitutes. As Morris explains, Florida Governor Ron DeSantis is not ready for prime time. The Winning (Trump) Message: The Democrats will transform America into a nation none of us will recognize by destroying social, cultural, economic, and political freedoms. Morris says time is short. This election really is critical. With the results of the 2020 election, everything pundits knew—or thought they knew—is obsolete in this new era of massively higher turnout. Read The Return to find out how conservatives can take advantage of the new rules to make America great again!

Dying of Money

Dying of Money
Author: Jens O. Parsson
Publisher: Dog Ear Publishing
Total Pages: 378
Release: 2011
Genre: Inflation (Finance)
ISBN: 1457502666

The cover motif is a piece of old German money. It is a Reichsbanknote issued on August 22, 1923 for one hundred million marks. Nine years earlier, that many marks would have been about 5 percent of all the German marks in the world, worth 23 million American dollars. On the day it was issued, it was worth about twenty dollars. Three months later, it was worth only a few thousandths of an American cent. The process by which this occurs is known as inflation. A few years before, in 1920 and 1921, Germany had enjoyed a remarkable prosperity envied by the rest of the world. Prices were steady, business was humming, everyone was working, the stock market was skyrocketing. The Germans were swimming in easy money. Within the year, they were drowning in it. Until it was all over, no one seemed to notice any connection between the earlier false boom and the later inflationary bust. In this book, Jens O. Parsson performs the neat trick of transforming the dry economic subject of inflation into a white-knuckles kind of blood-chiller. He begins with a freewheeling account of the spectacular inflation that all but destroyed Germany in 1923, taking it apart to find out both what made it tick and what made it finally end. He goes on to look at the American inflation that was steadily gaining force after 1962. In terms clear and fascinating enough for any layman, but with technical validity enough for any economist, he applies the lessons gleaned from the German inflation to find that too much about the American inflation was the same, lacking only the inexorable further deterioration that time would bring. The book concludes by charting out all the possible future prognoses for the American inflation, none easy but some much less catastrophic than others. Mr. Parsson brings much new light to bear on this subject. He lays on the line in tough, spare language exactly how and why the American inflation was caused, exactly who was responsible for causing it, exactly who unjustly benefited and who suffered from the inflation, exactly why the government could not permit the inflation to stop or even to cease growing worse, exactly who was going to pay the ultimate price, and exactly what would have to be done to avert the ultimate conclusion. This book packs a wallop. It is not for the timid, and it spares no tender sensibilities. The conclusions it reaches are shocking and are bound to provoke endless dispute. If they proved to approximate even remotely the correct analysis of the American inflation, hardly any American citizen could escape being the prey of inflation and no one could afford not to know where the inflation was taking him. In the economic daily lives of everyone, nothing will be the same after this book as it was before.