http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
Money and inflation at the time of Covid
1 online resource (xx, 272 pages) : illustrations
"This scholarly but lively book sheds light on the dramatic inflation surge of the early 2020s, claiming that its root cause was the explosion of money supply growth in the early weeks of the Covid-19 pandemic. Tim Congdon explains how, defying the professional consensus at the time, he was able to use his theory in a prescient and accurate forecast of the inflation outbreak."
Preface -- Introduction to money and inflation at the time of COVID -- Part I: Some background theory -- The quantity theory of money : a new restatement -- How this restatement differs from Friedman's -- Can central banks run out of ammunition? : the money-equities interaction channel in monetary policy -- Why were economists' forecasts in the COVID pandemic so badly wrong? -- Part II: Applications of the theory in the early 2020s -- The money explosion of spring 2020, as it happened -- Was it right in 2020 to forecast that the then money explosion would increase inflation? : an analysis of the US situation -- Applying the theory to the USA in the early 2020s -- Applying the theory to the UK in the early 2020s -- Does cost accountancy provide a good framework for analysing inflation? -- Money in the COVID-related business cycle : an analytical narrative and key evidence.
Includes bibliographical references and index.
Cheltenham, UK ; Northampton, MA, USA : Edward Elgar Publishing, [2025]