The Truth About Inflation

Gebonden EN 2015 9781138023611
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Samenvatting

The Truth About Inflation does not set out to forecast inflation, but to help improve its understanding, so that investors can make better decisions to achieve the real returns that they need. Starting with a summary of long history of inflation, the drivers of price change are considered. Many of the "urban myths" that have built up about inflation are shown to be a consequence of irrational judgement or political scaremongering. Some behaviour, like the unhealthy veneration of gold as a means of inflation protection, is shown to be the result of historical accident. In the modern era of lower nominal investment returns, inflation inequality (whereby some groups experience persistently higher inflation than others) is a very important consideration.

Specificaties

ISBN13:9781138023611
Taal:EN
Bindwijze:Gebonden
Aantal pagina's:200
Uitgever:Taylor & Francis Ltd

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          The Truth About Inflation