{ "item_title" : "The Truth About Inflation", "item_author" : [" Arnold Petersen "], "item_description" : "The Truth About Inflation: Inflation of Prices or Deflation of Labor? is a book written by Arnold Petersen in 1942. This book explores the concept of inflation and its impact on the economy. Petersen argues that inflation is caused by a deflation of labor rather than an inflation of prices. He suggests that inflation occurs when the value of labor decreases due to factors such as technological advancements, increased competition, and a surplus of labor. This, in turn, leads to an increase in prices as companies attempt to maintain their profit margins. Petersen also discusses the role of government in controlling inflation and suggests that policies such as price controls and rationing may be necessary to prevent inflation from spiraling out of control. The book provides a comprehensive analysis of the causes and effects of inflation and offers insights into how it can be managed in a modern economy.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.", "item_img_path" : "https://covers3.booksamillion.com/covers/bam/1/16/982/913/1169829139_b.jpg", "price_data" : { "retail_price" : "22.95", "online_price" : "22.95", "our_price" : "22.95", "club_price" : "22.95", "savings_pct" : "0", "savings_amt" : "0.00", "club_savings_pct" : "0", "club_savings_amt" : "0.00", "discount_pct" : "10", "store_price" : "" } }

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