Understanding the Great Depression and Failures of Modern Economic Policy

The Story of the Heedless Giant

Szerző: Dan Blatt

Nyelv:

Kötés: Kemény kötésű

Kiadó: iUniverse

Elérhetőség: Beszállítói készleten

Küldés 14-21 napon belül

11 843 Ft

HISTORY OPENS WINDOWS ON THE FUTURE. The Great Depression highlights your government'...

Információk a könyvről

Szerző

Dan Blatt

Nyelv

Angol

Kötés

Könyv - Kemény kötésű

Kiadva

2016

oldal

452

EAN

9781491799055

ISBN

1491799056

Enbook ID

15178419

Kiadó

iUniverse

Súly

816

Méretek

152 x 229 x 29

Teljes leírás

HISTORY OPENS WINDOWS ON THE FUTURE. The Great Depression highlights your government's capacity for economic policy stupidity. Do you understand the policy failures behind the Crash of '29? Or the policies involved in the aborting of the substantial spring 1930 economic and stock market recovery? Or the policies that prevented the spectacular summer 1932 bull market in stocks and agricultural commodities from stimulating recovery in the broader economy? Or how New Deal policies extended the Great Depression for an additional half decade despite more than doubling the monetary supply and massive resort to budget deficits? Or how the Great Depression ended in 1940 with unemployment dropping about 7 percentage points in the two years before the U.S. entered WW-II and began its massive wartime budget deficits? The Great Depression is just a highlight in a century of repeated failures for Federal Reserve System monetary policy. Under its care, the dollar has lost about 90 percent of its purchasing power. Its policies have also bestowed upon the economy the Keynesian inflationary morass of the 1970s and the asset price boom and bust nature of the current business cycle. Understanding why interest rate suppression policies aren't working, haven't worked in the past, and can never work is herein explained.

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Understanding the Great Depression and Failures of Modern Economic Policy

The Story of the Heedless Giant

Információk a könyvről

Teljes leírás

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Azok a vásárlók, akik ezt a könyvet megvásárolták, a következőket is megvásárolták