The Purchasing Power Of Money Its Determination And Relation To Credit Interest And Crises (LARGE PRINT EDITION)

The Purchasing Power of Money: Its Determination and Relation to Credit, Interest, and Crises (Large Print Edition) by Irving Fisher is a comprehensive study of the impact of money on the economy. The book explores the concept of purchasing power and how it is affected by changes in the supply and demand of money. It also examines the relationship between money, credit, interest rates, and economic crises. The author argues that changes in the supply of money have a direct impact on the purchasing power of money and that inflation is caused by an increase in the money supply. He also discusses the role of interest rates in the economy and how they affect the behavior of consumers and businesses. In addition, Fisher examines the causes and effects of economic crises, including the Great Depression of the 1930s. He suggests that these crises are often caused by a combination of factors, such as excessive speculation, overproduction, and a lack of consumer demand. Overall, The Purchasing Power of Money is a seminal work in the field of economics and provides valuable insights into the workings of the economy. This large print edition is ideal for readers who prefer a larger font size or have visual impairments.(LARGE PRINT EDITION) An Extremely Interesting Historical Account Of Money And Its Purchasing Power.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.