Irving Fisher

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Title: Irving Fisher

Essay Details:

Subject: Business

Author: Yolanda Y

Date: September 5, 2013

Level: University

Grade: A

Length: 1 / 247

Essay text:

As the crash seemed to worsen overtime, however, he became aware that new theoretical explanations were needed and presented a new model, the debt-inflation theory, based upon the interaction of real and monetary reasoning. I will also cover a timeline of events that include other ideas and views shared by Fisher and what affects they might have had at the time. In the early 1930's he became an active supporter of a "stamped money plan" aimed at counteracting widespread boarding. During the New Deal he was a strong supporter of expansionary monetary measures and proposed a revision of the banking system aimed at abolishing fractional reserves, or 100% money...

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