Quantitative easing as a highway to hyperinflation:
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Singapore
World Scientific Pub. Co.
c2014
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| Online-Zugang: | FLA01 UBY01 Volltext |
| Beschreibung: | Includes bibliographical references (p. 327-341) and index 1. Inflation, deflation, disinflation and all that. 1.1. What is inflation? 1.2. Inflation and related concepts: a graphical illustration. 1.3. The causes of inflation. 1.4. Experience with inflation. 1.5. More inflation-related concepts. 1.6. Concluding remarks -- 2. The measurement of inflation. 2.1. The inflation rate. 2.2. Inflation, income growth and money illusion. 2.3. Measuring the general price level. 2.4. Core inflation. 2.5. The consumer price index. 2.6. The GDP deflator. 2.7. Other price indices. 2.8. Concluding remarks -- 3. The monetary theory of inflation. 3.1. Introduction. 3.2. The meaning of money and credit. 3.3. Money creation under a fractional reserve system. 3.4. The quantity theory of money. 3.5. Facts and figures. 3.6. Further remarks on the monetary theory of inflation. 3.7. Central bank independence. 3.8. Concluding remarks -- 4. Other theories of inflation and some extensions. 4.1. Demand-pull inflation. 4.2. Cost-push inflation. 4.3. A combined demand-cost model. 4.4. Inflationary shocks, monetary accommodation and monetary validation. 4.5. The fiscal theory of inflation. 4.6. The political theory of inflation. 4.7. The other side of the coin: deflation. 4.8. Concluding remarks -- 5. The consequences and costs of inflation. 5.1. Introduction. 5.2. The "positive" effects of inflation. 5.3. Arbitrary redistribution of income. 5.4. Business planning and investment. 5.5. Miscellaneous business costs. 5.6. Distortion of the effect of taxes. 5.7. The adverse effect of inflation on saving. 5.8. The effects of inflation on financial markets. 5.9. The effect of inflation on competitiveness. 5.10. Currency depreciation. 5.11. The effect of inflation on unemployment and growth. 5.12. Inflation-triggered social unrest. 5.13. The effect of inflation on morality. 5.14. The optimal inflation rate. 5.15. Hedging the risk of inflation. 5.16. Concluding remarks 6. The phenomenon of hyperinflation. 6.1. What is hyperinflation? 6.2. Hyperinflation as an extension of moderate inflation. 6.3. The measurement of hyperinflation. 6.4. The syndrome of hyperinflation. 6.5. The hyperinflationary process and feedback effects. 6.6. Hyperinflation and the death of a fiat currency. 6.7. The monetary, confidence and fiscal models of hyperinflation. 6.8. The role of expectations. 6.9. Other approaches to hyperinflation. 6.10. The behavior of exchange rates under hyperinflation. 6.11. The empirical evidence. 6.12. The consequences of hyperinflation. 6.13. Dealing with hyperinflation: business issues. 6.14. Dealing with hyperinflation: macroeconomic issues. 6.15. Concluding remarks -- - 7. The history of fiat money and hyperinflation. 7.1. Fiat money, monetary debasement and hyperinflation. 7.2. The early history of fiat money and hyperinflation. 7.3. Fiat money and hyperinflation in Europe prior to World War I. 7.4. Fiat money and monetary debasement in the U.S. 7.5. The classical hyperinflations of the 20th century. 7.6. Concluding remarks -- 8. Hyperinflationary episodes since the 1970s. 8.1. Introduction. 8.2. Angola. 8.3. Argentina. 8.4. Belarus. 8.5. Bolivia. 8.6. Bosnia-Herzegovina (Yugoslavia). 8.7. Brazil. 8.8. Congo (formerly Zaire). 8.9. Croatia. 8.10. Ecuador. 8.11. Georgia. 8.12. Iraq. 8.13. Israel. 8.14. Mexico. 8.15. Nicaragua. 8.16. Peru. 8.17. Poland. 8.18. Romania. 8.19. Russia. 8.20. Turkey. 8.21. Ukraine. 8.22. Zimbabwe. 8.23. Iran. 8.24. The overall picture. 8.25. Concluding remarks -- - 9. The status quo: heading towards hyperinflation? 9.1. The road to hyperinflation. 9.2. Fiscal and monetary indicators worldwide. 9.3. Quantitative easing. 9.4. Hyperinflation in the U.S.: why and why not. 9.5. Concluding remarks -- 10. Leading indicators of U.S. hyperinflation. 10.1. The fiscal balance. 10.2. The spending side. 10.3. The revenue side. 10.4. The outlook for the U.S. fiscal position. 10.5. Public debt. 10.6. Monetary aggregates. 10.7. Lessons from theory. 10.8. Lessons from history. 10.9. When and how it will happen? 10.10. Concluding remarks -- 11. Concluding thoughts. 11.1. The highway network. 11.2. Fire or ice? 11.3. The unthinkables. 11.4. The big unthinkable: break-up of the U.S. 11.5. The day of reckoning is inevitable 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 hyperinflation. This is a controversial and highly debated issue. Using both economics and history, the author challenged the view that quantitative easing will not lead to hyperinflation, and argued that hyperinflation, or at least high inflation, is likely to appear eventually. The books deals with a very important and contemporary issue of the possibility of a resurgence of hyperinflation. The book examines all of the propositions put forward for and against the eventuality of hyperinflation using illustrations based on actual and simulated data. It would be useful not only for policy makers but also for ordinary citizens |
| Beschreibung: | 1 Online-Ressource (xxvii, 348 p.) |
| ISBN: | 9789814504928 9814504920 9789814504911 |
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| 245 | 1 | 0 | |a Quantitative easing as a highway to hyperinflation |c Imad A Moosa |
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| 500 | |a Includes bibliographical references (p. 327-341) and index | ||
| 500 | |a 1. Inflation, deflation, disinflation and all that. 1.1. What is inflation? 1.2. Inflation and related concepts: a graphical illustration. 1.3. The causes of inflation. 1.4. Experience with inflation. 1.5. More inflation-related concepts. 1.6. Concluding remarks -- 2. The measurement of inflation. 2.1. The inflation rate. 2.2. Inflation, income growth and money illusion. 2.3. Measuring the general price level. 2.4. Core inflation. 2.5. The consumer price index. 2.6. The GDP deflator. 2.7. Other price indices. 2.8. Concluding remarks -- 3. The monetary theory of inflation. 3.1. Introduction. 3.2. The meaning of money and credit. 3.3. Money creation under a fractional reserve system. 3.4. The quantity theory of money. 3.5. Facts and figures. 3.6. Further remarks on the monetary theory of inflation. 3.7. Central bank independence. 3.8. Concluding remarks -- 4. Other theories of inflation and some extensions. 4.1. Demand-pull inflation. 4.2. Cost-push inflation. 4.3. A combined demand-cost model. 4.4. Inflationary shocks, monetary accommodation and monetary validation. 4.5. The fiscal theory of inflation. 4.6. The political theory of inflation. 4.7. The other side of the coin: deflation. 4.8. Concluding remarks -- 5. The consequences and costs of inflation. 5.1. Introduction. 5.2. The "positive" effects of inflation. 5.3. Arbitrary redistribution of income. 5.4. Business planning and investment. 5.5. Miscellaneous business costs. 5.6. Distortion of the effect of taxes. 5.7. The adverse effect of inflation on saving. 5.8. The effects of inflation on financial markets. 5.9. The effect of inflation on competitiveness. 5.10. Currency depreciation. 5.11. The effect of inflation on unemployment and growth. 5.12. Inflation-triggered social unrest. 5.13. The effect of inflation on morality. 5.14. The optimal inflation rate. 5.15. Hedging the risk of inflation. 5.16. Concluding remarks | ||
| 500 | |a 6. The phenomenon of hyperinflation. 6.1. What is hyperinflation? 6.2. Hyperinflation as an extension of moderate inflation. 6.3. The measurement of hyperinflation. 6.4. The syndrome of hyperinflation. 6.5. The hyperinflationary process and feedback effects. 6.6. Hyperinflation and the death of a fiat currency. 6.7. The monetary, confidence and fiscal models of hyperinflation. 6.8. The role of expectations. 6.9. Other approaches to hyperinflation. 6.10. The behavior of exchange rates under hyperinflation. 6.11. The empirical evidence. 6.12. The consequences of hyperinflation. 6.13. Dealing with hyperinflation: business issues. 6.14. Dealing with hyperinflation: macroeconomic issues. 6.15. Concluding remarks -- | ||
| 500 | |a - 7. The history of fiat money and hyperinflation. 7.1. Fiat money, monetary debasement and hyperinflation. 7.2. The early history of fiat money and hyperinflation. 7.3. Fiat money and hyperinflation in Europe prior to World War I. 7.4. Fiat money and monetary debasement in the U.S. 7.5. The classical hyperinflations of the 20th century. 7.6. Concluding remarks -- 8. Hyperinflationary episodes since the 1970s. 8.1. Introduction. 8.2. Angola. 8.3. Argentina. 8.4. Belarus. 8.5. Bolivia. 8.6. Bosnia-Herzegovina (Yugoslavia). 8.7. Brazil. 8.8. Congo (formerly Zaire). 8.9. Croatia. 8.10. Ecuador. 8.11. Georgia. 8.12. Iraq. 8.13. Israel. 8.14. Mexico. 8.15. Nicaragua. 8.16. Peru. 8.17. Poland. 8.18. Romania. 8.19. Russia. 8.20. Turkey. 8.21. Ukraine. 8.22. Zimbabwe. 8.23. Iran. 8.24. The overall picture. 8.25. Concluding remarks -- | ||
| 500 | |a - 9. The status quo: heading towards hyperinflation? 9.1. The road to hyperinflation. 9.2. Fiscal and monetary indicators worldwide. 9.3. Quantitative easing. 9.4. Hyperinflation in the U.S.: why and why not. 9.5. Concluding remarks -- 10. Leading indicators of U.S. hyperinflation. 10.1. The fiscal balance. 10.2. The spending side. 10.3. The revenue side. 10.4. The outlook for the U.S. fiscal position. 10.5. Public debt. 10.6. Monetary aggregates. 10.7. Lessons from theory. 10.8. Lessons from history. 10.9. When and how it will happen? 10.10. Concluding remarks -- 11. Concluding thoughts. 11.1. The highway network. 11.2. Fire or ice? 11.3. The unthinkables. 11.4. The big unthinkable: break-up of the U.S. 11.5. The day of reckoning is inevitable | ||
| 500 | |a 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 hyperinflation. This is a controversial and highly debated issue. Using both economics and history, the author challenged the view that quantitative easing will not lead to hyperinflation, and argued that hyperinflation, or at least high inflation, is likely to appear eventually. The books deals with a very important and contemporary issue of the possibility of a resurgence of hyperinflation. The book examines all of the propositions put forward for and against the eventuality of hyperinflation using illustrations based on actual and simulated data. It would be useful not only for policy makers but also for ordinary citizens | ||
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Datensatz im Suchindex
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| author | Moosa, Imad A. 1952- |
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| author_facet | Moosa, Imad A. 1952- |
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| author_sort | Moosa, Imad A. 1952- |
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| dewey-full | 339.53 |
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| dewey-ones | 339 - Macroeconomics and related topics |
| dewey-raw | 339.53 |
| dewey-search | 339.53 |
| dewey-sort | 3339.53 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| format | Electronic eBook |
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The hyperinflationary process and feedback effects. 6.6. Hyperinflation and the death of a fiat currency. 6.7. The monetary, confidence and fiscal models of hyperinflation. 6.8. The role of expectations. 6.9. Other approaches to hyperinflation. 6.10. The behavior of exchange rates under hyperinflation. 6.11. The empirical evidence. 6.12. The consequences of hyperinflation. 6.13. Dealing with hyperinflation: business issues. 6.14. Dealing with hyperinflation: macroeconomic issues. 6.15. Concluding remarks -- </subfield></datafield><datafield tag="500" ind1=" " ind2=" "><subfield code="a"> - 7. The history of fiat money and hyperinflation. 7.1. Fiat money, monetary debasement and hyperinflation. 7.2. The early history of fiat money and hyperinflation. 7.3. Fiat money and hyperinflation in Europe prior to World War I. 7.4. Fiat money and monetary debasement in the U.S. 7.5. The classical hyperinflations of the 20th century. 7.6. Concluding remarks -- 8. Hyperinflationary episodes since the 1970s. 8.1. Introduction. 8.2. Angola. 8.3. Argentina. 8.4. Belarus. 8.5. Bolivia. 8.6. Bosnia-Herzegovina (Yugoslavia). 8.7. Brazil. 8.8. Congo (formerly Zaire). 8.9. Croatia. 8.10. Ecuador. 8.11. Georgia. 8.12. Iraq. 8.13. Israel. 8.14. Mexico. 8.15. Nicaragua. 8.16. Peru. 8.17. Poland. 8.18. Romania. 8.19. Russia. 8.20. Turkey. 8.21. Ukraine. 8.22. Zimbabwe. 8.23. Iran. 8.24. The overall picture. 8.25. Concluding remarks -- </subfield></datafield><datafield tag="500" ind1=" " ind2=" "><subfield code="a"> - 9. The status quo: heading towards hyperinflation? 9.1. The road to hyperinflation. 9.2. Fiscal and monetary indicators worldwide. 9.3. Quantitative easing. 9.4. Hyperinflation in the U.S.: why and why not. 9.5. Concluding remarks -- 10. Leading indicators of U.S. hyperinflation. 10.1. The fiscal balance. 10.2. The spending side. 10.3. The revenue side. 10.4. The outlook for the U.S. fiscal position. 10.5. Public debt. 10.6. Monetary aggregates. 10.7. Lessons from theory. 10.8. Lessons from history. 10.9. When and how it will happen? 10.10. Concluding remarks -- 11. Concluding thoughts. 11.1. The highway network. 11.2. Fire or ice? 11.3. The unthinkables. 11.4. The big unthinkable: break-up of the U.S. 11.5. The day of reckoning is inevitable</subfield></datafield><datafield tag="500" ind1=" " ind2=" "><subfield code="a">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 hyperinflation. This is a controversial and highly debated issue. Using both economics and history, the author challenged the view that quantitative easing will not lead to hyperinflation, and argued that hyperinflation, or at least high inflation, is likely to appear eventually. The books deals with a very important and contemporary issue of the possibility of a resurgence of hyperinflation. 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| id | DE-604.BV042963349 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-10T07:13:53Z |
| institution | BVB |
| isbn | 9789814504928 9814504920 9789814504911 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-028389215 |
| oclc_num | 860388910 |
| open_access_boolean | |
| owner | DE-1046 DE-1047 DE-706 |
| owner_facet | DE-1046 DE-1047 DE-706 |
| physical | 1 Online-Ressource (xxvii, 348 p.) |
| psigel | ZDB-4-EBU ZDB-4-EBA FLA_PDA_EBU FAW_PDA_EBA ZDB-4-EBU FLA_PDA_EBU ZDB-4-EBU UBY_PDA_EBU_Kauf |
| publishDate | 2014 |
| publishDateSearch | 2014 |
| publishDateSort | 2014 |
| publisher | World Scientific Pub. Co. |
| record_format | marc |
| spelling | Moosa, Imad A. 1952- Verfasser (DE-588)115539948 aut Quantitative easing as a highway to hyperinflation Imad A Moosa Singapore World Scientific Pub. Co. c2014 1 Online-Ressource (xxvii, 348 p.) txt rdacontent c rdamedia cr rdacarrier Includes bibliographical references (p. 327-341) and index 1. Inflation, deflation, disinflation and all that. 1.1. What is inflation? 1.2. Inflation and related concepts: a graphical illustration. 1.3. The causes of inflation. 1.4. Experience with inflation. 1.5. More inflation-related concepts. 1.6. Concluding remarks -- 2. The measurement of inflation. 2.1. The inflation rate. 2.2. Inflation, income growth and money illusion. 2.3. Measuring the general price level. 2.4. Core inflation. 2.5. The consumer price index. 2.6. The GDP deflator. 2.7. Other price indices. 2.8. Concluding remarks -- 3. The monetary theory of inflation. 3.1. Introduction. 3.2. The meaning of money and credit. 3.3. Money creation under a fractional reserve system. 3.4. The quantity theory of money. 3.5. Facts and figures. 3.6. Further remarks on the monetary theory of inflation. 3.7. Central bank independence. 3.8. Concluding remarks -- 4. Other theories of inflation and some extensions. 4.1. Demand-pull inflation. 4.2. Cost-push inflation. 4.3. A combined demand-cost model. 4.4. Inflationary shocks, monetary accommodation and monetary validation. 4.5. The fiscal theory of inflation. 4.6. The political theory of inflation. 4.7. The other side of the coin: deflation. 4.8. Concluding remarks -- 5. The consequences and costs of inflation. 5.1. Introduction. 5.2. The "positive" effects of inflation. 5.3. Arbitrary redistribution of income. 5.4. Business planning and investment. 5.5. Miscellaneous business costs. 5.6. Distortion of the effect of taxes. 5.7. The adverse effect of inflation on saving. 5.8. The effects of inflation on financial markets. 5.9. The effect of inflation on competitiveness. 5.10. Currency depreciation. 5.11. The effect of inflation on unemployment and growth. 5.12. Inflation-triggered social unrest. 5.13. The effect of inflation on morality. 5.14. The optimal inflation rate. 5.15. Hedging the risk of inflation. 5.16. Concluding remarks 6. The phenomenon of hyperinflation. 6.1. What is hyperinflation? 6.2. Hyperinflation as an extension of moderate inflation. 6.3. The measurement of hyperinflation. 6.4. The syndrome of hyperinflation. 6.5. The hyperinflationary process and feedback effects. 6.6. Hyperinflation and the death of a fiat currency. 6.7. The monetary, confidence and fiscal models of hyperinflation. 6.8. The role of expectations. 6.9. Other approaches to hyperinflation. 6.10. The behavior of exchange rates under hyperinflation. 6.11. The empirical evidence. 6.12. The consequences of hyperinflation. 6.13. Dealing with hyperinflation: business issues. 6.14. Dealing with hyperinflation: macroeconomic issues. 6.15. Concluding remarks -- - 7. The history of fiat money and hyperinflation. 7.1. Fiat money, monetary debasement and hyperinflation. 7.2. The early history of fiat money and hyperinflation. 7.3. Fiat money and hyperinflation in Europe prior to World War I. 7.4. Fiat money and monetary debasement in the U.S. 7.5. The classical hyperinflations of the 20th century. 7.6. Concluding remarks -- 8. Hyperinflationary episodes since the 1970s. 8.1. Introduction. 8.2. Angola. 8.3. Argentina. 8.4. Belarus. 8.5. Bolivia. 8.6. Bosnia-Herzegovina (Yugoslavia). 8.7. Brazil. 8.8. Congo (formerly Zaire). 8.9. Croatia. 8.10. Ecuador. 8.11. Georgia. 8.12. Iraq. 8.13. Israel. 8.14. Mexico. 8.15. Nicaragua. 8.16. Peru. 8.17. Poland. 8.18. Romania. 8.19. Russia. 8.20. Turkey. 8.21. Ukraine. 8.22. Zimbabwe. 8.23. Iran. 8.24. The overall picture. 8.25. Concluding remarks -- - 9. The status quo: heading towards hyperinflation? 9.1. The road to hyperinflation. 9.2. Fiscal and monetary indicators worldwide. 9.3. Quantitative easing. 9.4. Hyperinflation in the U.S.: why and why not. 9.5. Concluding remarks -- 10. Leading indicators of U.S. hyperinflation. 10.1. The fiscal balance. 10.2. The spending side. 10.3. The revenue side. 10.4. The outlook for the U.S. fiscal position. 10.5. Public debt. 10.6. Monetary aggregates. 10.7. Lessons from theory. 10.8. Lessons from history. 10.9. When and how it will happen? 10.10. Concluding remarks -- 11. Concluding thoughts. 11.1. The highway network. 11.2. Fire or ice? 11.3. The unthinkables. 11.4. The big unthinkable: break-up of the U.S. 11.5. The day of reckoning is inevitable 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 hyperinflation. This is a controversial and highly debated issue. Using both economics and history, the author challenged the view that quantitative easing will not lead to hyperinflation, and argued that hyperinflation, or at least high inflation, is likely to appear eventually. The books deals with a very important and contemporary issue of the possibility of a resurgence of hyperinflation. The book examines all of the propositions put forward for and against the eventuality of hyperinflation using illustrations based on actual and simulated data. It would be useful not only for policy makers but also for ordinary citizens BUSINESS & ECONOMICS / Economics / Macroeconomics bisacsh POLITICAL SCIENCE / Economic Conditions bisacsh Inflation (Finance) fast Monetary policy fast Quantitative easing (Monetary policy) fast Wirtschaft Quantitative easing (Monetary policy) Monetary policy Inflation (Finance) Geldpolitik (DE-588)4019902-2 gnd rswk-swf Geldschöpfung (DE-588)4130376-3 gnd rswk-swf Inflation (DE-588)4026887-1 gnd rswk-swf Lockerung (DE-588)4273334-0 gnd rswk-swf Geldpolitik (DE-588)4019902-2 s Lockerung (DE-588)4273334-0 s Geldschöpfung (DE-588)4130376-3 s Inflation (DE-588)4026887-1 s 1\p DE-604 World Scientific (Firm) Sonstige oth http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=661922 Aggregator Volltext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Moosa, Imad A. 1952- Quantitative easing as a highway to hyperinflation BUSINESS & ECONOMICS / Economics / Macroeconomics bisacsh POLITICAL SCIENCE / Economic Conditions bisacsh Inflation (Finance) fast Monetary policy fast Quantitative easing (Monetary policy) fast Wirtschaft Quantitative easing (Monetary policy) Monetary policy Inflation (Finance) Geldpolitik (DE-588)4019902-2 gnd Geldschöpfung (DE-588)4130376-3 gnd Inflation (DE-588)4026887-1 gnd Lockerung (DE-588)4273334-0 gnd |
| subject_GND | (DE-588)4019902-2 (DE-588)4130376-3 (DE-588)4026887-1 (DE-588)4273334-0 |
| title | Quantitative easing as a highway to hyperinflation |
| title_auth | Quantitative easing as a highway to hyperinflation |
| title_exact_search | Quantitative easing as a highway to hyperinflation |
| title_full | Quantitative easing as a highway to hyperinflation Imad A Moosa |
| title_fullStr | Quantitative easing as a highway to hyperinflation Imad A Moosa |
| title_full_unstemmed | Quantitative easing as a highway to hyperinflation Imad A Moosa |
| title_short | Quantitative easing as a highway to hyperinflation |
| title_sort | quantitative easing as a highway to hyperinflation |
| topic | BUSINESS & ECONOMICS / Economics / Macroeconomics bisacsh POLITICAL SCIENCE / Economic Conditions bisacsh Inflation (Finance) fast Monetary policy fast Quantitative easing (Monetary policy) fast Wirtschaft Quantitative easing (Monetary policy) Monetary policy Inflation (Finance) Geldpolitik (DE-588)4019902-2 gnd Geldschöpfung (DE-588)4130376-3 gnd Inflation (DE-588)4026887-1 gnd Lockerung (DE-588)4273334-0 gnd |
| topic_facet | BUSINESS & ECONOMICS / Economics / Macroeconomics POLITICAL SCIENCE / Economic Conditions Inflation (Finance) Monetary policy Quantitative easing (Monetary policy) Wirtschaft Geldpolitik Geldschöpfung Inflation Lockerung |
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