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Deflated: Causes and Cures of the Great Recession of 2009
Product Code:
9781451542264
ISBN13:
9781451542264
Condition:
New
$11.44
Deflated: Causes and Cures of the Great Recession of 2009
$11.44
Oil price shock has triggered every recession for the last 40 years. Anti-inflationary policy exaggerated the impact and extended the slowdown in 2009. The Great Depression was triggered not by wild hyperinflation leading to collapse, but rather by unduly harse monetary policy in the late twenties. The key problem is both periods was seen to be Inflation when in fact it was Deflation. Inflation is Inflated; Deflation is Deadly!
| Author: J. Duncan Smeaton |
| Publisher: Createspace Independent Publishing Platform |
| Publication Date: Mar 11, 2010 |
| Number of Pages: 62 pages |
| Binding: Paperback or Softback |
| ISBN-10: 1451542267 |
| ISBN-13: 9781451542264 |
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