Stabilizing the Dollar (Classic Reprint): A Plan to Stabilize the General Price Level, Without Fixing Individual Prices: A Plan to Stabilize the ... Fixing Individual Prices (Classic Reprint) - Softcover

Inhaltsangabe

A practical new approach to monetary stability is outlined in this influential work.

It argues for a simple, implementable plan to stabilize the dollar by adjusting its purchasing power to match a price-based standard.

The text frames the plan within a broad view of prices, money, and policy, explaining how stabilization could be pursued at national or international levels. It emphasizes a transparent mechanism, careful use of data, and a path that many readers—economists and lay readers alike—could grasp and discuss.

• How the stabilization idea works in concrete terms and what changes it could bring to the economy.
• Why the author favors a wholesale price index as the key gauge for adjustments.
• What would be adjusted, how often, and what safeguards would protect against speculative moves.
• The historical context, potential benefits, and considerations for public policy and reform.

Ideal for readers curious about monetary reform, economic policy, and the long arc of price stability.

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