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The Truth About Inflation
ISBN-13:
9781317690030
Veröffentl:
2015
Seiten:
214
Autor:
Paul Donovan
eBook Typ:
EPUB
eBook Format:
EPUB
Kopierschutz:
2 - DRM Adobe
Sprache:
Englisch
Beschreibung:
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.
1. What is inflation? 2. A brief history of inflation 3. All that is gold does not glitter 4. What makes up inflation? 5. Printing money never, ever, ever creates inflation 6. Inflation numbers "aren't true" 7. Inflation numbers really aren't true 8. It is all the fault of the foreigner 9. The debt-inflation Myth 10. Inflation and the modern investor
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