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The Inflation Myth and the Wonderful World of Deflation

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The Inflation Myth and the Wonderful World of Deflation

Written by: Mark Mobius
Narrated by: Keith Sellon-Wright
Free with 30-day trial

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About this listen

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 Economics
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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.

a very boring book, narrated very monotonously

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