Get Your Free Audiobook

Listen with Audible free trial

₹199.00/month

1 credit a month to use on any title to download and keep
Listen to anything from the Plus Catalogue—thousands of Audible Originals, podcasts and audiobooks
Download titles to your library and listen offline
₹199 per month after 30-day trial. Cancel anytime.
Buy Now for ₹469.00

Buy Now for ₹469.00

Pay using card ending in
By confirming your purchase, you agree to Audible's Conditions of Use and Amazon's Privacy Notice.

Publisher's Summary

What if everything you've learned about inflation is wrong? 

The Inflation Myth and the Wonderful World of Deflation illustrates our rapidly changing world where constant technological innovation leads to cheaper and better products. These changes are no longer reflected in the ways we measure inflation. Renowned investor and author Mark Mobius persuasively argues that what we believe to know about inflation today does not reflect the reality any longer. It is a myth, a legend, a fable, and, yes, a falsehood for a number of reasons. 

The Inflation Myth and the Wonderful World of Deflation tackles a number of fascinating topics, including: 

  • The political nature of inflation measurement where governments manipulate and exploit inflation numbers to fit their economic programs 
  • The extreme difficulty involved in gathering accurate data to measure inflation and the resulting inaccuracy of those measures 
  • The error of using currencies to measure inflation when those currencies are continually being debased by the governments who issue them 
  • Finally, and most importantly, the advances in technology and automation which are leading to continuously falling costs for goods and services
©2021 Mark Mobius (P)2020 Gildan Media

More from the same

What listeners say about The Inflation Myth and the Wonderful World of Deflation

Average Customer Ratings
Overall
  • 2 out of 5 stars
  • 5 Stars
    0
  • 4 Stars
    0
  • 3 Stars
    0
  • 2 Stars
    1
  • 1 Stars
    0
Performance
  • 3 out of 5 stars
  • 5 Stars
    0
  • 4 Stars
    0
  • 3 Stars
    1
  • 2 Stars
    0
  • 1 Stars
    0
Story
  • 3 out of 5 stars
  • 5 Stars
    0
  • 4 Stars
    0
  • 3 Stars
    1
  • 2 Stars
    0
  • 1 Stars
    0

Reviews - Please select the tabs below to change the source of reviews.

Sort by:
Filter by:
  • Overall
    2 out of 5 stars
  • Performance
    3 out of 5 stars
  • Story
    3 out of 5 stars

a very boring book, narrated very monotonously

really hard to finish this, very boring book narrated monotonously. very few insights really. all I for mostly was that inflation statistics are all hocus pocus! didn't have to read the entire book for this, just a sentence would've been enough! anyway, I'm halfway done and I'm going to try and finish it to make me feel good about completing this !

managed to finish! I think the final chapter on conclusion is enough to get the message! also, the message is kind of obvious to those who've been observant in their daily lives. so this book is effectively about all the statistics that lead to the intuitive conclusions! read if one is interested in the data and statistics.

Sort by:
Filter by:
  • Overall
    1 out of 5 stars
  • Performance
    1 out of 5 stars
  • Story
    1 out of 5 stars
  • Dann S.
  • 10-02-21

Repetitive Bullshit

Listing every country in the IMF, 40 minutes of quotes from supposed inflationary / monetary experts that were wrong over the decades & 100s of examples of how inflation is difficult (read: impossible) to accurately measure TOTAL WASTE OF TIME, COULD ALL BE SUMMARIZED IN A COUPLE PARAGRAPHS

1 person found this helpful

  • Overall
    1 out of 5 stars
  • Performance
    1 out of 5 stars
  • Story
    1 out of 5 stars
  • mna86
  • 19-06-21

Worst book meets worst audiobook

I attentively listened to this out of genuine interest and actually paid attention. I will save you many hours and tell you what you will learn in this book.

1) technology and manufacturing advances made everything cheaper (as a percentage of wages) and more accessible leading to deflation
2) the governments are constantly debasing their currency leading to perceived rather than true inflation

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars
  • Customer who makes purchases
  • 16-12-20

Great book

In depth review in progress. Mobius is a market veteran and a leading thinker. Must read.