This book takes the currency stock as the main line and studies the development of currency in the United States for nearly a century from 1867 to 1960, as well as its impact on a series of major historical events in the United States. Through a detailed depiction of the causal relationship between money supply changes and inflation levels, the author proves the profound impact of monetary policy on a country's economic operation, especially the important role of currency in stabilizing the economic cycle.
Reader comments
Especially in the current global economic situation, the book's discussion of the relationship between money supply and inflation made me realize the importance of monetary policy. Moreover, I think the analysis of historical events in the book is very interesting, and the characters' experiences are also very rich. It's like reading a story, which is not boring at all. In short, I recommend you to read this book, you will definitely gain something!
Especially in the current global economic situation, the book's discussion of the relationship between money supply and inflation made me realize the importance of monetary policy. Moreover, I think the analysis of historical events in the book is very interesting, and the characters' experiences are also very rich. It's like reading a story, which is not boring at all. In short, I recommend you to read this book, you will definitely gain something!
Unable to evaluate, read more and think more
Ok i like it