Growthless inflation by means of stockless money

What is inflation? Is it a temporary or a permanent phenomenon? Are inflation in different countries intrinsically related? How do we measure the inflation rate? What are the proximate and ultimate causes of the emergence and continuance of inflation? What determines the price level? Commodity stock, money supply, velocity, wage costs, hoarding, structural factors? Are all the different factors interconnected? Does the real cash balance effect hold true in India? Can inflation force savings? What is the
relation between inflation and production and its structure? And distribution? Is there a positive trade off between inflation
and unemployment under Indian conditions as well? Does inflation promote or hamper growth? What is the possible mechanism
linking the two? How does inflation affect savings, investments, productivity and tax receipts? Does interest affect prices? Or
the other way? What is meant by deficit financing? Can deficit financing help capital accumulation? What is the relation
between inflation and the balance of payments? Is inflation good from the point of view of welfare? Should inflation be
controlled? How does one control it ? Is 100% indexation a way out? Should a package of measures be adopted? Should
there be a ceiling on the growth rate of money? Or on debt? What is the international comparative experience in inflation? Do terms of trade improve as a result? Does the quantity theory hold true in the international setting? Is there a relation between foreign exchange and world money supply? Between gold and money? Does agriculture suffer under inflation? Will the present inflation end in a slump? Will the gold standard return ?
These are among the questions which have been discussed in this challenging book, both theoretically and empirically,
with special reference to poor and developing countries.