LEADER 03346nam 22004575 450 001 9910299630403321 005 20220404233001.0 010 $a3-319-89357-2 024 7 $a10.1007/978-3-319-89357-0 035 $a(CKB)4100000005472043 035 $a(DE-He213)978-3-319-89357-0 035 $a(MiAaPQ)EBC5485373 035 $a(EXLCZ)994100000005472043 100 $a20180802d2018 u| 0 101 0 $aeng 135 $aurnn#008mamaa 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 14$aThe case against 2 per cent inflation $efrom negative interest rates to a 21st century gold standard /$fby Brendan Brown 205 $a1st ed. 2018. 210 1$aCham :$cSpringer International Publishing :$cImprint: Palgrave Macmillan,$d2018. 215 $a1 online resource (X, 232 p.) 311 $a3-319-89356-4 320 $aIncludes bibliographical references and index. 327 $a1. Next: The Fifth Stabilization Experiment under Fiat Money -- 2. Origins of the Global 2% Inflation Standard -- 3. Diagnosis of Monetary Inflation in Asset Markets -- 4. Manipulation of Long-Term Interest Rates -- 5. A Failure of US Checks and Balances -- 6. Digitalization, Camouflage, and Monetary Inflation -- 7. Much Ruin in Japan?s Journey to 2% -- 8. Germany Abdicates Hard Money Power -- 9. Unaffordable Housing and Poor-Quality Money -- 10. Negative Interest Rates and the War Against Cash -- 11. Experiments in Crash Postponement: 1927/29 Versus 2016/18 -- 12. Wealth Creation and Destruction Under the 2% Regime -- 13. From the Fifth Monetary Chaos to Twenty-First-Century Gold. 330 $aThis book analyses the controversial and critical issue of 2% inflation targeting, currently practised by central banks in the US, Japan and Europe. Where did the 2% target inflation originate, and for what reason? Do these reasons stand up to scrutiny? This book explores these key questions, contributing to the growing debate that the global 2% inflation standard prescribed by the central banks in the advanced economies globally is actually contributing to the economic malaise of these nations. It presents novel theoretical perspectives, intertwined with historical and market understanding, and features analysis that draws on monetary theory (including Austrian school), behavioural finance, and finance theory. Alongside rigorous analysis of the past and present, the book also features forward looking chapters, exploring how the 2% global inflation standard could collapse and what would ideally follow its demise, including a new look at the role of gold. 606 $aFinance 606 $aMacroeconomics 606 $aPopular Science in Finance$3https://scigraph.springernature.com/ontologies/product-market-codes/Q43000 606 $aMacroeconomics/Monetary Economics//Financial Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W32000 615 0$aFinance. 615 0$aMacroeconomics. 615 14$aPopular Science in Finance. 615 24$aMacroeconomics/Monetary Economics//Financial Economics. 676 $a332.41 700 $aBrown$b Brendan$4aut$4http://id.loc.gov/vocabulary/relators/aut$0122857 906 $aBOOK 912 $a9910299630403321 996 $aThe Case Against 2 Per Cent Inflation$92512580 997 $aUNINA