The Purchasing Power of Money

""The Purchasing Power of Money: Its Determination and Relation to Credit, Interest, and Crises"" is a classic economics book written by Irving Fisher. First published in 1911, the book provides an in-depth analysis of the factors that determine the value of money and how it relates to credit, interest rates, and economic crises. Fisher's central argument is that the value of money is determined by its purchasing power, which is influenced by the supply and demand for money, as well as by changes in productivity and population growth. The book also explores the role of credit in the economy and how changes in interest rates can affect the purchasing power of money. Fisher's insights into the causes and consequences of economic crises are particularly relevant, given the ongoing debates about the role of monetary policy in stabilizing the economy. Overall, ""The Purchasing Power of Money"" is a seminal work in the field of economics that continues to influence economic theory and policy to this day.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.