General theory of economic crises and inflation

The global economic crisis that erupted in 2008 has aggravated the public attention to the problem of the development of the national and world economics. The authors of this book reveal the reason common to all past crises, and prove that the 2008 crisis is no exception. The reason for the germination and maturation of economic crises has always been and remains the savings of final consumption in the context of compliance with the principle of the gold monetary standard or close to them. In this regard, economic crises and inflation are mutually exclusive phenomena.

Publisher
Satellite+, 2010