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Inhaltsangabe
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.
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Über die Autorin bzw. den Autor
MARK MOBIUS leads Mobius Capital Partners as one of its founding partners. Formerly the executive chairman of Templeton Emerging Markets Group, Mark has extensive experience in economic research and analysis, particularly in emerging markets. He has served on the World Bank's Global Corporate Governance Forum as a member of the Private Sector Advisory Group.
www.markmobius.com
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Highly provocative and intuitively compelling, The Inflation Myth and the Wonderful World of Deflation is an indispensably original look at one of the central pillars of macroeconomics: inflation.
Squarely taking aim at widely held economic beliefs, investor and author Mark Mobius systematically dismantles the conventional view of inflation. The author persuasively argues that, while the principles of inflation may once have held true, changing technological realities have rendered inflationary measurements highly unreliable, deeply politicised and profoundly inaccurate.
A gripping and convincing work of stunning originality, this book reveals that, when it comes to inflation, the emperor really does have no clothes.
Aus dem Klappentext
Highly provocative and intuitively compelling, The Inflation Myth and the Wonderful World of Deflation is an indispensably original look at one of the central pillars of macroeconomics: inflation.
Squarely taking aim at widely held economic beliefs, investor and author Mark Mobius systematically dismantles the conventional view of inflation. The author persuasively argues that, while the principles of inflation may once have held true, changing technological realities have rendered inflationary measurements highly unreliable, deeply politicised and profoundly inaccurate.
A gripping and convincing work of stunning originality, this book reveals that, when it comes to inflation, the emperor really does have no clothes.
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Zustand: New. MARK MOBIUS leads Mobius Capital Partners as one of its founding partners. Formerly the executive chairman of Templeton Emerging Markets Group, Mark has extensive experience in economic research and analysis, particularly in emerging markets. He has served . Artikel-Nr. 371314972
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