Review Inflation Matters: Inflationary Wave Theory, its impact on inflation past and present and

  • 6 years ago
Popular Inflation Matters: Inflationary Wave Theory, its impact on inflation past and present and the deflation yet to come
""This well written, thoroughly researched and interesting book provides a comprehensive and well balanced account of what causes inflation and what we can do about it." "John Mills (economist, political commentator, and founder and chairman of JML, the consumer goods company.) ""This easily readable book (it is mercifully free from equations, jargon and excessive references) serves two purposes. The first is to describe and explain the concepts involved and the implications of inflation at various levels. It answers the textbook need for a clear and straightforward grasp of the subject. The second purpose is to derive a very long term pattern of cycles which, being likely to continue into the future, may assist in prediction and thus in making investment decisions. If a book is to enable one to assemble a body of knowledge constructively and systematically and if one hopes in the process to be stimulated into new thoughts, then Inflation Matters is not only well worth reading but a book that amply justifies its title." "(Book review - Economics Research Council - May 2015) Book Description: Inflation Matters is the first truly comprehensive book about inflation written in a simple and easy-to-read style. The book covers everything from the basics of how inflation is defined and measured through to the impact of inflation and its winners and losers. It highlights the difficulty in calculating inflation and that conventional measures (such as CPI in the UK) often underestimate it for a number of reasons. It also examines deflation and why it is regarded as a problem by economists. The book examines the history of world inflation. It looks at the causes of inflation and shows that they are many and complex. The book reveals a new model of inflation - Inflationary Wave Theory. It proposes that long-term inflation is created by population growth and competition for resources. Price increases depict a wave-like pattern over the centuries due to effects of man exploiting

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