The book "History Explains Inflation and Deflation" addresses one of the most serious economic issues affecting people's lives: inflation and economic deflation. Author Zakaria Mahran does not limit himself to defining the two concepts and explaining their theories, but rather delves into history to reveal how these phenomena are not limited to the modern era, but were also known in ancient civilizations such as Athens, Ptolemaic Egypt, and others. Drawing on his scientific expertise and personal experience during the First and Second World Wars, the author examines the causes and consequences of inflation, moving away from the sterile debate that preoccupied economists about whether inflation was a "necessary tax of war." Through a sound historical-economic analysis, the book reveals how inflation and deflation can together be indicators of the rise or fall of entities, providing readers with a deeper understanding of the present global economy through lessons from the past. This work combines economics, history, and politics, providing readers with tools to understand one of the most complex problems of our time.
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