Overview

Is export the best solution for smooth economy? Should America for example go for more export and less import as the magical economic remedy? This book discusses these questions and tries to find the best answers for them. This book discusses currency flotation: what is it? It introduces some of currency flotation features! This book tries to find an answer to why currency flotation? By comparing both fixed exchange rate system and the floating exchange rate system, then it discusses their advantages and disadvantages, also this book introduces the relationship between export and currency fluctuations. This book discusses the advantages and disadvantages of inflation and the relationship between inflation rate and interest rate, it also explains how to limit inflation. Finally, this book introduces a closed loop automatic control system on inflation rate!This automatic control system on inflation rate is an economic theory called Inflation Rate Control Loop theory. This theory introduces an alternative way for devaluation of currency to increase inflation rate, which is important for Euro zone! This book explains this theory, the obstacles that are faced while applying it to economic system and how to overcome such obstacles in a short description. This book talks about this theory's benefits in short description too. Finally, I wish for someone to find this book useful! Especially Inflation Rate Control Loop theory.

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9781726799171

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