LEADER 04085nam 2200445 450 001 9910136510103321 005 20230808195034.0 010 $a1-5154-1000-5 035 $a(CKB)3710000000841575 035 $a(EBL)4659625 035 $a(MiAaPQ)EBC4659625 035 $a(EXLCZ)993710000000841575 100 $a20160912h20162016 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $2rdacontent 182 $2rdamedia 183 $2rdacarrier 200 14$aThe money illusion /$fIrving Fisher 210 1$a[Lanham, Maryland] :$cDancing Unicorn Books,$d2016. 210 4$dİ2016 215 $a1 online resource (103 p.) 300 $aDescription based upon print version of record. 327 $aPreface; Chapter I: a Glance at the Money Illusion; Introduction; The Money Illusion Within Your Country; When Two Countries Compare Notes; The Money Illusion in America; Application to Investors; Is Gold Stable?; Conclusion; Chapter II: Extent of Money Fluctuation; The Index Number; Fluctuations in Europe; Fluctuations in America; Different Indexes Agree; Comments; Chapter III: Why Does Money Fluctuate?; Circulation of Money and Goods; Relative Inflation and Deflation; Real Income; The Two Circulations per Capita; Absolute Inflation and Deflation; Money Dominates; Ten American Examples 327 $aA Forgotten Supply and DemandIndividual and General Price Movements; How Inflation and Deflation Work; Causes Behind Inflation or Deflation; Summary; Chapter IV: The Direct Harm from Inflation and Deflation; Money More Variable than Goods; "Merely" a Bookkeeping Change; Injustice Between Debtor and Creditor; European Examples; American Examples; American Bonds and Mortgages; Real Interest and Money Interest; The American Farmer; "Safe" Investments by Trustees; "Who Got the Money?"; The War Debts; Salaries and Wages; The Extent of this Social Injustice; Gambling in Gold Mines 327 $aChapter V: The Indirect Harm from Inflation and DeflationUnstable Money-Unstable Business; Unstable Money-Unstable Employment; The Interests of Labor; Social Discontent; Labor Troubles; Always a Net Loss; Conclusion; Chapter VI: What Can We Do Ourselves?; Can Anything at All Be Done?; Translating the Dollar; Forecasting Business; Forecasting the Dollar's Value; Investment Counsel; Contracting Out; The Tabular Standard; War-Time Examples; Peace-Time Examples; Summary; Chapter VII: What Can Banks Do?; Introduction; The Beginnings of Scientific Control 327 $aThe Activities of the Federal Reserve SystemThe Importance of Credit Control for America; International Co-Operation; The International Influence of the Federal Reserve System; Chapter VIII: What Can Governments Do?; Return to the Gold Standard; Three Ways to Return to Gold; The Pre-War "Normals"; What Is the Normal Level?; The Problem International; The Future Gold Problem; The Danger of Neglect; The "Automatic" Gold Standard; The Gold Tradition; The Fixed Weight Fetish; Putting off the Solution; Possible Solutions of the Gold Problem; The Government's Responsibility; Summary; Conclusion 327 $aSupplement-Helps for Further StudySection I; Section II; Section III; Section IV 330 $aIn economics, money illusion refers to the tendency of people to think of currency in nominal, rather than real, terms. In other words, the numerical/face value (nominal value) of money is mistaken for its purchasing power (real value). This is false, as modern fiat currencies have no inherent value and their real value is derived from their ability to be exchanged for goods and used for payment of taxes. The term was coined by John Maynard Keynes in the early twentieth century. Almost every one is subject to the ""Money Illusion"" in respect to his own country's currency. This seems to him to 606 $aMoney 615 0$aMoney. 676 $a332.4 700 $aFisher$b Irving$0101947 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910136510103321 996 $aMoney illusion$928819 997 $aUNINA