Description

High Prices And Deflation is a book written by Edwin Walter Kemmerer, an American economist and professor at Princeton University. The book delves into the topic of inflation and deflation, analyzing the causes, effects, and potential solutions to these economic phenomena. Kemmerer argues that high prices and deflation are closely related, and that the policies and actions of governments and central banks can have a significant impact on the economy.The book is divided into three main sections. The first section provides an overview of inflation and deflation, including their historical context and the various factors that contribute to them. The second section focuses on the effects of high prices and deflation on different sectors of the economy, such as agriculture, industry, and finance. The third section offers potential solutions to these economic problems, including the use of monetary policy, fiscal policy, and international cooperation.Throughout the book, Kemmerer draws on a wide range of economic theories and historical examples to support his arguments. He also provides numerous charts and graphs to illustrate the trends and patterns of inflation and deflation over time. Overall, High Prices And Deflation is a comprehensive and insightful analysis of two of the most significant economic challenges of the modern era.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.