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Inflation: Roots of Evil

Author Lux, Lawrance George
Publisher iUniverse
Category Business & Economics
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Book Details
PublisheriUniverse
ISBN / ASIN0595204996
ISBN-139780595204991
AvailabilityIn Stock.
Sales Rank13,848,019
MarketplaceUnited States 🇺🇸

Description

Inflation winds it's way through Our lives, impacting on Us all; with little definition of it's effect. Inflation creeps in the pricing of Goods and Services, and what it is remains ignored, because None can see the total distortion. Inflation serves only as the Meter to register Economic resource misallocation. This misuse of resources contains the sole pressure for Recession, and contriction of business activity. Recessions continue until economic reallocation provides the correct mix; something which could be done at far less cost, than through layoffs and loss of Personal Income. Resource misuse and it's resultant Inflation must be studied, before it can be stopped
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