Inflation: What It Is, Why It's Bad, and How to Fix It

Steve Forbes, Nathan Lewis, and Elizabeth Ames reveal what is behind the inflationary storm that is wreaking havoc on American pocketbooks.

"This important book should be read by the Federal Reserve and by all of us who care about our way of life." --Senator Rand Paul (R-KY)

"A scintillating emergency manual for financial survival." --George Gilder

Inflation: What It Is, Why It's Bad, and How to Fix It explains what's behind the worst inflationary storm in more than forty years--one that is dominating the headlines and shaking Americans by their pocketbooks. The cost-of-living explosion since the COVID pandemic has raised alarms about a possible return of a 1970's-style "Great Inflation." Some observers even fear a descent into the kind of Weimar-style hyperinflation that has torn apart so many nations. Is this true? If so, what should be done? How should we prepare for the future?

Inflation answers these and other questions in an engaging discussion that draws on the singular expertise of Steve Forbes, chairman of Forbes Media, acclaimed for his insights on money and the economy; Nathan Lewis, internationally renowned expert on money and taxation; and author and journalist Elizabeth Ames.

The authors say that today's problems can be solved by discarding longstanding beliefs that helped bring on the current crisis. They include the notion that central banks can create prosperity through artificially creating money "out of thin air," and also that economic "stability" requires "a little inflation." Such ideas for decades have been Holy Writ in official Washington. Inflation shows why they are misguided. The book also explains why the current rage for heedless money-printing advocated by left-wing advocates of so-called Modern Monetary Theory is likely to lead the nation--and the world--down the road to disaster.

Packed with examples from the headlines and from history Inflation is a unique, real-world exploration of the subject that addresses everyday concerns of Americans under siege by rising prices, including steps you should take to protect your wealth.

Inflation is essential reading for everyone seeking to navigate these tumultuous times.

Author: Steve Forbes, Nathan Lewis, Elizabeth Ames
Publisher: Encounter Books
Published: 04/19/2022
Pages: 168
Binding Type: Hardcover
Weight: 0.80lbs
Size: 8.60h x 5.60w x 0.90d
ISBN: 9781641772433

About the Author
Lewis, Nathan: -

Nathan Lewis is among the world's leading authorities on monetary policy and economic history. He is the author of four books on the subject of money: The Magic Formula: The Timeless Secret to Economic Health and Prosperity; Gold: The Once and Future Money; Gold: The Monetary Polaris; and Gold: The Final Standard. Mr. Lewis has testified before Congress on economic issues. He has been featured in television documentaries in the U.S., South Korea, China, Russia, and Britain.

He has spoken at events hosted by the Cato Institute, Heritage Foundation, The American Principles Project, and others. His writing has appeared in many media outlets, including Forbes, the Financial Times, Huffington Post, Nikkei Business, Daily Reckoning, Worth, and other publications. He also has fifteen years of experience in the asset-management industry as a macro analyst for institutional investors.Forbes, Steve: -

Steve Forbes is Chairman of Forbes Media, recognized globally as one of the leading names in business information. Known for his incisive analysis, he hosts the acclaimed webcast, 'What's Ahead', and is a regular commentator on television and radio. Mr. Forbes is also author or co-author of several books about money, taxation and the economy. They include Money: How the Destruction of the Dollar Threatens the Global Economy--and What We Can Do About It; the bestselling How Capitalism Will Save Us; and Flat Tax Revolution. He helped create the award-winning documentary In Money We Trust? based on the book Money and produced under the auspices of Maryland Public Television. A widely respected economic prognosticator, Mr. Forbes is the only writer to have been a four-time winner of the highly prestigious Crystal Owl Award, formerly given to the financial journalist whose economic forecasts for the coming year proved most accurate. In 1996 and 2000 he campaigned vigorously for the Republican nomination for the Presidency.

Ames, Elizabeth: -

Elizabeth Ames is a noted commentator and author. She has collaborated with Mr. Forbes on several books including Money. Her articles have appeared in Foxnews.com, The Daily Caller, American Spectator and other outlets. She is co-producer and writer of the award-winning public television documentary, In Money We Trust?.