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Money and Foreign Exchange After 1914
Hardcover
ISBN13: 9781025846675
Publisher: Tradd Street Press
Published: Feb 14 2026
Pages: 300
Weight: 1.31
Height: 0.69 Width: 6.14 Depth: 9.21
Language: English
Money and Foreign Exchange After 1914 is a seminal economic treatise examining the profound transformations within the global financial system following the outbreak of the First World War. Written by the renowned Swedish economist Gustav Cassel, the work provides a rigorous analysis of the abandonment of the gold standard, the rise of paper currency, and the subsequent instability of international exchange rates.
In this volume, Cassel explores the mechanisms of inflation and the theoretical underpinnings of his influential purchasing power parity theory. The book details the practical challenges faced by nations as they navigated hyperinflation, currency devaluation, and the difficult path toward monetary stabilization in the post-war era. By dissecting the relationship between domestic price levels and foreign exchange, the author offers critical insights into the economic policies that shaped the early 20th century.
This scholarly work remains an essential resource for understanding the historical evolution of modern monetary theory. It serves as both a primary record of contemporary economic thought and a foundational text for students and professionals interested in macroeconomics, international finance, and the history of global trade.
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you may see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work.
This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.
As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
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