The spectre of price inflation /
Max Gillman.
- xiii, 247 pages : illustrations
I. Innocence : when principles guided policy -- Drs Fisher and Friedman and no inflation -- The rise of inflation -- The end of metal for money -- War, peace, deflation and recession -- Seigniorage versus hyperinflation -- Blaming the victim -- Inflation and unemployment -- II. Ignominy : central banks, insurance and inflation -- The rise of central banks -- Fractured insurance -- Bank failure and crisis -- The problem of excess reserves -- Giving away the inflation tax -- III. Purgatory : capital markets, interest and inflation -- Fed price fixing -- A plague of negative interest rates -- Shifting money demand -- The new usury prohibition -- Money, inflation and banking reform.