{"product_id":"a-tract-on-monetary-reform","title":"En avhandling om pengereform","description":"\u003cp\u003e\u003cstrong\u003eWhen money will not hold its value, who pays the price?\u003c\/strong\u003e\u003c\/p\u003e\u003cp\u003eIn A Tract on Monetary Reform, John Maynard Keynes begins with the people caught in changing prices. After the First World War, prices soar in Germany and Austria, then fall sharply in Britain and the United States. He asks who gains, who loses, and what governments should do when money will not hold still.\u003c\/p\u003e\u003cp\u003eKeynes follows the problem from household wealth to public finance and central banking. He explains inflation as a hidden tax, questions deflation as a cure, and connects prices with exchange rates. His argument leads to a clear choice: manage money to keep prices steady at home, rather than let the old gold standard set the rules.\u003c\/p\u003e\u003ch3\u003eWhat you'll discover\u003c\/h3\u003e\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003ePeople before theory\u003c\/strong\u003e – See how changes in money's value shift wealth between social classes.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eThe tax you miss\u003c\/strong\u003e – Follow Keynes's account of how printing money lets governments collect a hidden tax.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eThe cost of deflation\u003c\/strong\u003e – Explore why Keynes sees falling prices as harsher medicine than inflation.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eCash and its value\u003c\/strong\u003e – Examine how the way people hold cash matters to the value of money.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eA different policy goal\u003c\/strong\u003e – Consider his case for central banks to regulate credit with steady prices as their aim.\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003ePerfect for readers seeking to understand inflation, deflation and central banking, and students of economic history ready to follow a sustained argument.\u003c\/p\u003e\u003cp\u003eOpen the first page and begin with the people whom changing money hits hardest.\u003c\/p\u003e","brand":"Library of Alexandria Press","offers":[{"title":"Default Title","offer_id":59534633795932,"sku":null,"price":0.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1027\/9442\/8764\/files\/03912_en_ebook-front_c20.jpg?v=1792174985","url":"https:\/\/libraryofalexandria.com\/nb\/products\/a-tract-on-monetary-reform","provider":"The Library of Alexandria","version":"1.0","type":"link"}