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Most Helpful Customer Reviews
5.0 out of 5 stars
Right on the money, now and then,
By
This review is from: If inflation comes: What you can do about it
Babson's book was published in 1940. The first chapters outline how the country got to where it was at that time and repeatedly stressed his concern about abandoning the "gold standard". He goes into detail on bubbles and inflationary activity on the part of the government and explains the results of inflation and why it has a large natural constituency. You can't read this now without checking the copyright date and wondering how it has been missed as an economic classic.
The last chapter, on the hedges against inflation, is not to be missed. The last chapter gets back to the true value of money.
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