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Quantitative Easing as a Highway to Hyperinflation
Contributor(s): Moosa, Imad A. (Author)

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 ISBN: 9814504912     ISBN-13: 9789814504911
Publisher: World Scientific Publishing Company
OUR PRICE: $128.25  

Binding Type: Hardcover - See All Available Formats & Editions
Published: November 2013
Qty:
Temporarily out of stock - Will ship within 2 to 5 weeks
Additional Information
BISAC Categories:
- Business & Economics | Economics - Macroeconomics
- Business & Economics | Money & Monetary Policy
- Business & Economics | Inflation
Dewey: 339.53
LCCN: 2013022981
Physical Information: 1" H x 6.1" W x 9.1" L (1.45 lbs) 376 pages
Features: Bibliography, Illustrated, Index
 
Descriptions, Reviews, Etc.
Publisher Description:
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 the emergence of hyperinflation. This is a controversial and highly debated issue. Using both economics and history, the author challenges the view that quantitative easing will not lead to hyperinflation and argues that hyperinflation, or at least high inflation, is likely to appear eventually.The book examines all the propositions put forward for and against the eventuality of hyperinflation in the US, using illustrations based on actual and simulated data. The analysis leads to the conclusion that the current fiscal position of the US government, particularly the levels of external debt and unfunded liabilities, will not be rectified without resorting to inflationary financing. The book would be useful not only for policy makers and economists but also for non-specialist observers.
 
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