Monetary Regimes and Inflation: History, Economic and Political Relationships, Second EditionExploring the characteristics of inflations and comparing historical cases from Roman times up to the modern day, this book provides an in depth discussion of the subject. It analyses the high and moderate inflations caused by the inflationary bias of |
Contents
Inflation under metallic monetary regimes | |
Moderate paper money inflations | |
Characteristics of hyperinflations | |
Currency competition inflation Greshams Law | |
Ending mild or moderate inflations | |
Forces establishing maintaining and eroding stable | |
Currency reforms ending hyperinflations | |
Index | |
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Monetary Regimes and Inflation: History, Economic and Political Relationships Peter Bernholz No preview available - 2015 |
Common terms and phrases
amount assignats Austrian banknotes Bernholz Bolivia Bretton Woods system budget deficit cent century chervonetz circulation consequence copper coins cost of living countries currency substitution debasement discretionary paper money dollar domestic economic especially expenditures Figure finance fixed exchange rate fixed parity flexible exchange rates foreign exchange France French gold standard Gresham's Law high inflations historical hyperinflation hypothesis increase independent central bank inflationary bias interest rate International Monetary Fund introduced issued kuan later measures moderate inflation monetary constitution monetary policy money creation money supply Moreover national money nominal old parity overvaluation paper money paper money inflation paper money standard paper notes period political price index price level purchasing power parity rate of inflation real exchange rate real stock rise rouble Section stabilisation stable monetary regimes stable money Stefan Zweig stock of money successful currency reforms Table undervaluation unemployment vellon wages