🔝 Top 5 books about Inflation to read in 2022: our rating

Are you looking for for reviews to buy the best book by Inflation?

Bestselling Reviews has reviewed a selection of the must read ones. Here we have the top 5 books about Inflation, recommended and ready to purchase in the market.

Top 5 books about Inflation: reading tips

Bestseller No. 1
Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail
3,959 Reviews

Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail

  • Amazon Kindle Edition
  • Dalio, Ray (Author)
  • English (Publication Language)
  • 570 Pages - 11/30/2021 (Publication Date) - Avid Reader Press / Simon & Schuster (Publisher)
Bestseller No. 2
What You Should Know About Inflation
25 Reviews

What You Should Know About Inflation

  • Amazon Kindle Edition
  • Hazlitt, Henry S. (Author)
  • English (Publication Language)
  • 156 Pages - 08/09/2016 (Publication Date) - Golden Springs Publishing (Publisher)
Bestseller No. 3
Here Comes a Candle to Light You to Bed
4,025 Reviews

Here Comes a Candle to Light You to Bed

  • Amazon Prime Video (Video on Demand)
  • Matthew Edison, Paul Reiser, Joanette Connell (Actors)
  • Sarah Boyd (Director) - Paul Grellong (Writer) - Eric Kripke (Producer)
  • English (Playback Languages)
  • English (Subtitle)
Bestseller No. 4

The Truth About Inflation

  • Hardcover Book
  • Donovan, Paul (Author)
  • English (Publication Language)
  • 200 Pages - 04/16/2015 (Publication Date) - Routledge (Publisher)
Bestseller No. 5

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Books about Inflation on sale

Principles for Dealing with the Changing World Order: Why Nations Succeed or Fail

  • Audible Audiobook
  • Ray Dalio (Author) - Jeremy Bobb, Ray Dalio (Narrators)
  • English (Publication Language)
  • 11/30/2021 (Publication Date) - Simon & Schuster Audio (Publisher)

Best book about Inflation: the unmissable

Choosing the best book about Inflation may be a little bit more complicated than you believe. Still, based on readers reviews, Inflation: What It Is, Why is the best book by Inflation currently online:

Our choice
The Truth About Inflation

The Truth About Inflation

  • Hardcover Book
  • Donovan, Paul (Author)
  • English (Publication Language)
  • 200 Pages - 04/16/2015 (Publication Date) - Routledge (Publisher)

Other information about Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money. The opposite of inflation is deflation, a sustained decrease in the general price level of goods and services. The common measure of inflation is the inflation rate, the annualised percentage change in a general price index.

Prices will not all increase at the same rates. Attaching a representative value to a set of prices is an instance of the index number problem. The consumer price index is often used for this purpose; the employment cost index is used for wages in the United States. Differential movement between consumer prices and wages constitutes a change in the standard of living.

The causes of inflation have been much discussed (see below), the consensus being that growth in the money supply, alongside increased velocity of money, is typically the dominant causal factor.

If money were perfectly neutral, inflation would have no effect on the real economy; but perfect neutrality is not generally considered believable. Effects on the real economy are severely disruptive in the cases of very high inflation and hyperinflation. More moderate inflation affects economies in both positive and negative ways. The negative effects include an increase in the opportunity cost of holding money, uncertainty over future inflation which may discourage investment and savings, and if inflation were rapid enough, shortages of goods as consumers begin hoarding out of concern that prices will increase in the future. Positive effects include reducing unemployment due to nominal wage rigidity, allowing the central bank greater freedom in carrying out monetary policy, encouraging loans and investment instead of money hoarding, and avoiding the inefficiencies associated with deflation.

Today, most economists favour a low and steady rate of inflation. Low (as opposed to zero or negative) inflation reduces the severity of economic recessions by enabling the labor market to adjust more quickly in a downturn, and reduces the risk that a liquidity trap prevents monetary policy from stabilising the economy. The task of keeping the rate of inflation low and stable is usually given to monetary authorities. Generally, these monetary authorities are the central banks that control monetary policy through the setting of interest rates, by carrying out open market operations and (more rarely) changing commercial bank reserve requirements.

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