LEADER 04585nam 22006615 450 001 9910629287503321 005 20251009110032.0 010 $a9783031174001 010 $a3031174003 024 7 $a10.1007/978-3-031-17400-1 035 $a(MiAaPQ)EBC7131202 035 $a(Au-PeEL)EBL7131202 035 $a(CKB)25280681100041 035 $a(OCoLC)1350854997 035 $a(DE-He213)978-3-031-17400-1 035 $a(EXLCZ)9925280681100041 100 $a20221103d2022 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aCommodities as an Asset Class $eEssays on Inflation, the Paradox of Gold and the Impact of Crypto /$fby Alan G. Futerman, Ivo A. Sarjanovic 205 $a1st ed. 2022. 210 1$aCham :$cSpringer International Publishing :$cImprint: Palgrave Macmillan,$d2022. 215 $a1 online resource (189 pages) 225 1 $aPalgrave Studies in Classical Liberalism,$x2662-6489 311 08$aPrint version: Futerman, Alan G. Commodities As an Asset Class Cham : Springer International Publishing AG,c2022 9783031173998 327 $aChapter 1: Are Commodities a Good Hedge Against Inflation? -- Chapter 2: Precious Metals: The Bull Market that Faded -- Chapter 3- The Market?s New Gold and the Promise of Bitcoin -- Chapter 4: Final Thoughts on Commodities, Crypto and Inflation. 330 $aThis book challenges the notion that commodities are always good hedges against inflation, which is the conventional belief today in financial markets. Specifically, it focuses on gold as a traditional hedge and the ways in which crypto assets are argued to be positioned as an alternative hedge against inflationary risk. The book engages with emerging debates around the performance of gold since the 2008 financial crisis, analyzing its characteristics, relationship with inflation, and the role of mining companies, and discusses ways that cryptocurrencies have replaced precious metals as an attractive asset class during an inflationary scenario. In considering the case of crypto as being or not a good inflation hedge, the book devotes particular attention to the theoretical financial and macroeconomic implications of a monetary system based on Bitcoin, dealing with the concept of money and the determination of Bitcoin?s supply and purchasing power. Additionally, it outlines the consequences that such a system would entail for the banking industry, and financial conditions involving interest rates, exchange rates, and the inflation-deflation dynamic. The book also analyses the relative impact of past and future events on the different commodity families. This work will be of interest to students and researchers in financial economics, macroeconomics, and monetary economics, as well as analysts and traders in financial and commodity markets. Alan Futerman is Adjunct Professor of Institutional Economics at the University of the Latin American Educational Center (Rosario, Argentina). He is co-author of The Classical Liberal Case for Israel and The Austro-Libertarian Point of View (Springer, 2021) and has published in journals such as International Journal of Finance & Economics. Ivo Sarjanovic is Professor of Agricultural Commodites at the Di Tella University and Lecturer on ?Soft Commodities? at the University of Geneva. He is currently independent director of several companies in the industry. He was Vice President of Cargill Switzerland and CEO of Alvean and he has more than 30 years of experience in commodity trading. . 410 0$aPalgrave Studies in Classical Liberalism,$x2662-6489 606 $aMacroeconomics 606 $aFinancial engineering 606 $aFinance 606 $aValuation 606 $aMacroeconomics and Monetary Economics 606 $aFinancial Technology and Innovation 606 $aFinancial Economics 606 $aInvestment Appraisal 615 0$aMacroeconomics. 615 0$aFinancial engineering. 615 0$aFinance. 615 0$aValuation. 615 14$aMacroeconomics and Monetary Economics. 615 24$aFinancial Technology and Innovation. 615 24$aFinancial Economics. 615 24$aInvestment Appraisal. 676 $a332.644 676 $a332.6328 700 $aFuterman$b Alan G.$01073657 702 $aSarjanovic$b Ivo A. 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910629287503321 996 $aCommodities As an Asset Class$92968170 997 $aUNINA