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The Truth About Inflation does not set out to forecast inflation, but to help improve its understanding, so that investors can make better decisions to achieve the real returns that they need. Starting with a summary of long history of inflation, the drivers of price change are considered. Many of the "urban myths" that have built up about inflation are shown to be a consequence of irrational judgement or political scaremongering. Some behaviour, like the unhealthy veneration of gold as a means of inflation protection, is shown to be the result of historical accident. In the modern era of lower nominal investment returns, inflation inequality (whereby some groups experience persistently higher inflation than others) is a very important consideration.
This book sets out the realities of price changes in the modern investing environment, without using economic equations or jargon. It gives investors the framework they need to think about inflation and how to protect themselves against it, whether the aggregate inflation of the future rises or falls from current levels.
The Truth About Inflation does not set out to forecast inflation, but to help improve its understanding, so that investors can make better decisions to achieve the real returns that they need. Starting with a summary of long history of inflation, the drivers of price change are considered. Many of the "urban myths" that have built up about inflation are shown to be a consequence of irrational judgement or political scaremongering. Some behaviour, like the unhealthy veneration of gold as a means of inflation protection, is shown to be the result of historical accident. In the modern era of lower nominal investment returns, inflation inequality (whereby some groups experience persistently higher inflation than others) is a very important consideration.
This book sets out the realities of price changes in the modern investing environment, without using economic equations or jargon. It gives investors the framework they need to think about inflation and how to protect themselves against it, whether the aggregate inflation of the future rises or falls from current levels.
Paul Donovan joined UBS in 1992 and is a managing director and global economist. Paul is responsible for formulating and presenting the UBS Investment Research global economic view.
1. What is inflation? 2. A brief history of inflation 3. All that is gold does not glitter 4. What makes up inflation? 5. Printing money never, ever, ever creates inflation 6. Inflation numbers "aren't true" 7. Inflation numbers really aren't true 8. It is all the fault of the foreigner 9. The debt-inflation Myth 10. Inflation and the modern investor
Erscheinungsjahr: | 2015 |
---|---|
Fachbereich: | Allgemeines |
Genre: | Importe, Wirtschaft |
Rubrik: | Recht & Wirtschaft |
Medium: | Buch |
Inhalt: | Einband - fest (Hardcover) |
ISBN-13: | 9781138023611 |
ISBN-10: | 1138023612 |
Sprache: | Englisch |
Ausstattung / Beilage: | HC gerader Rücken kaschiert |
Einband: | Gebunden |
Autor: | Donovan, Paul |
Hersteller: | Routledge |
Verantwortliche Person für die EU: | Books on Demand GmbH, In de Tarpen 42, D-22848 Norderstedt, info@bod.de |
Maße: | 240 x 161 x 16 mm |
Von/Mit: | Paul Donovan |
Erscheinungsdatum: | 16.04.2015 |
Gewicht: | 0,493 kg |
Paul Donovan joined UBS in 1992 and is a managing director and global economist. Paul is responsible for formulating and presenting the UBS Investment Research global economic view.
1. What is inflation? 2. A brief history of inflation 3. All that is gold does not glitter 4. What makes up inflation? 5. Printing money never, ever, ever creates inflation 6. Inflation numbers "aren't true" 7. Inflation numbers really aren't true 8. It is all the fault of the foreigner 9. The debt-inflation Myth 10. Inflation and the modern investor
Erscheinungsjahr: | 2015 |
---|---|
Fachbereich: | Allgemeines |
Genre: | Importe, Wirtschaft |
Rubrik: | Recht & Wirtschaft |
Medium: | Buch |
Inhalt: | Einband - fest (Hardcover) |
ISBN-13: | 9781138023611 |
ISBN-10: | 1138023612 |
Sprache: | Englisch |
Ausstattung / Beilage: | HC gerader Rücken kaschiert |
Einband: | Gebunden |
Autor: | Donovan, Paul |
Hersteller: | Routledge |
Verantwortliche Person für die EU: | Books on Demand GmbH, In de Tarpen 42, D-22848 Norderstedt, info@bod.de |
Maße: | 240 x 161 x 16 mm |
Von/Mit: | Paul Donovan |
Erscheinungsdatum: | 16.04.2015 |
Gewicht: | 0,493 kg |