书目名称 | Commodities as an Asset Class |
副标题 | Essays on Inflation, |
编辑 | Alan G. Futerman,Ivo A. Sarjanovic |
视频video | http://file.papertrans.cn/231/230230/230230.mp4 |
概述 | Challenges the view in financial markets that commodities are good hedges against inflation.Considers the possibilities for cryptocurrencies in replacing precious metals as an attractive asset class.D |
丛书名称 | Palgrave Studies in Classical Liberalism |
图书封面 |  |
描述 | .This book challenges the notion that commodities are always good hedges against inflation, which is the conventional belief today in financial markets. Specifically, it focuses on gold as a traditional hedge and the ways in which crypto assets are argued to be positioned as an alternative hedge against inflationary risk..The book engages with emerging debates around the performance of gold since the 2008 financial crisis, analyzing its characteristics, relationship with inflation, and the role of mining companies, and discusses ways that cryptocurrencies have replaced precious metals as an attractive asset class during an inflationary scenario. In considering the case of crypto as being or not a good inflation hedge, the book devotes particular attention to the theoretical financial and macroeconomic implications of a monetary system based on Bitcoin, dealing with the concept of money and the determination of Bitcoin’s supply and purchasing power. Additionally, it outlines theconsequences that such a system would entail for the banking industry, and financial conditions involving interest rates, exchange rates, and the inflation-deflation dynamic. The book also analyses the relati |
出版日期 | Book 2022 |
关键词 | Bitcoin; cryptocurrencies; crypto; gold; inflation; the energy transition; precious metals; inflationary he |
版次 | 1 |
doi | https://doi.org/10.1007/978-3-031-17400-1 |
isbn_ebook | 978-3-031-17400-1Series ISSN 2662-6470 Series E-ISSN 2662-6489 |
issn_series | 2662-6470 |
copyright | The Author(s), under exclusive license to Springer Nature Switzerland AG 2022 |