THE CONSEQUENCES AND COSTS OF INFLATION

Imad A Moosa
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Imad A Moosa: Royal Melbourne Institute of Technology, Australia

Chapter 5 in Quantitative Easing as a Highway to Hyperinflation, 2013, pp 91-120 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:IntroductionThe “Positive” Effects of InflationArbitrary Redistribution of IncomeBusiness Planning and InvestmentMiscellaneous Business CostsDistortion of the Effect of TaxesThe Adverse Effect of Inflation on SavingThe Effects of Inflation on Financial MarketsThe Effect of Inflation on CompetitivenessCurrency DepreciationThe Effect of Inflation on Unemployment and GrowthInflation-Triggered Social UnrestThe Effect of Inflation on MoralityThe Optimal Inflation RateHedging the Risk of InflationConcluding Remarks

Keywords: Hyperinflation; Quantitative Easing; Monetary Theory; Financial Crisis (search for similar items in EconPapers)
Date: 2013
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