The Inflation Myth and the Wonderful World of Deflation

Highly provocative and intuitively compelling, The Inflation Myth and the Wonderful World of Deflation is an indispensably original look at one of the central pillars of macroeconomics: inflation. Squarely taking aim at widely held economic beliefs, investor and author Mark Mobius systematically dismantles the conventional view of inflation. The author persuasively argues that, while the principles of inflation may once have held true, changing technological realities have rendered inflationary measurements highly unreliable, deeply politicised and profoundly inaccurate. A gripping and convincing work of stunning originality, this book reveals that, when it comes to inflation, the emperor really does have no clothes.