The Case Against 2 Per Cent Inflation From Negative Interest Rates to a 21st Century Gold Standard /

• Main Author: Brown, Brendan (Author, http://id.loc.gov/vocabulary/relators/aut)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Palgrave Macmillan, 2018.
• Edition: 1st ed. 2018.
• Subjects: Finance.; Macroeconomics.; Popular Science in Finance.; Macroeconomics/Monetary Economics//Financial Economics.

This 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, contri...

Table of Contents:

• 1. 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.