Quantitative Easing as a Highway to Hyperinflation
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.
The Concept and Measurement of Inflation;
The Causes and Consequences of Inflation;
The Phenomenon of Hyperinflation;
The History of Fiat Currency and Hyperinflation; Hyperinflationary Episodes since the
1970s;
The Current State of Affairs: Heading Towards Hyperinflation?; Concluding Thoughts.
460 pages, Hardcover