by Donald G. Ferguson, Allen H. Lester
Book Description: American Institute for Economic Research, Cambridge, MA, 1936. Trade Paperback. Book Condition: Very Good. 8vo - over 7¾ - 9¾" tall. Softcover, Green printed wrappers with black title to cover, 3rd printing, 1936, 64 pp.,
Book Condition: Very Good, covers rubbed and light soil, previous owner name in pen to bottom of front cover (see photo), general shelfwear, corners and spine bumped, internally very clean and unmarked,
Contents: THE TIMING OF INFLATION: Explanation of the Charts, The Index of Inflation, Timing, THE EARLY STAGE OF INFLATION: Germany, France, Civil War, World War, New Era, Duration, Other Reasons for the Time Lag, Obvious Lessons, THE CRITICAL STAGE: Germany, France, Civil War, World War, New Era, Duration, THE EXPLOSIVE STAGE: Germany, France, Civil War, World War, New Era, WARNING SIGNALS OF DISASTER: Circumstances Conductive to Complete Repudiation, Circumstances Leading to Devaluation, Circumstances Leading Only to Collapse, Warning Symptoms, The Current Inflation, Protection Against Inflation, Can Inflation Be Controlled? -- end. 64 pp. Classic Post Depression Era Title on Inflation. Bookseller Note: This post depression title may be one of the best books you read this year. The conclusion that readers may get from his five examples of inflation/hyperinflation periods in history is that the way they play out is not only different in each situation, but more importantly that none of them played out the way previous economic theories expected them to. The big take-away is that the probabilities of the Fed managing our next hyper-inflationary period well are very low. Important and Collectible title on Inflation and Hyper-Inflation.
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