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

Inflation: WhatIt Is, Why It’s Bad, and How to Fix It explores the worldwide cost-of-living explosion that is imposing hardships on millions of people and businesses. What is behind this rise in prices? Is it the market disruptions of COVID? Too much ＂money printing＂ by governments and central banks? Are other factors at play?

Inflation answers these questions in a down-to-earth discussion drawing on the expertise of Steve Forbes, chairman of Forbes Media, acclaimed for his insights on money and the economy; Nathan Lewis, renowned expert on money and taxation; and author and journalist Elizabeth Ames.

The authors attribute today’s affordability crisis to misguided Washington beliefs that long preceded COVID--such as the idea that prosperity comes from creating money ＂out of thin air＂ and that ＂a little inflation＂ is good for the economy. A foreword to this new edition assesses administration responses to the pandemic inflation. Are they setting the stage for another disaster? Also included are recommendations for protecting your wealth during inflationary times.

Steve Forbes is chairman of Forbes Media, the foremost name in business information. A widely respected economic prognosticator and regular broadcast commentator, he hosts the acclaimed webcast ＂What’s Ahead.＂ He is author and co-author of several books, including Money, the bestselling How Capitalism Will Save Us, and Flat Tax Revolution. He helped create the award-winning documentary In Money We Trust?

Nathan Lewis is among the world’s leading authorities on monetary policy and economic history. He is the author of several books on economics. A Discovery Institute Fellow, his writing has appeared in Forbes, the Financial Times, and elsewhere. He publishes The Polaris Letter, a monthly investment newsletter available at newworldeconomics.com.

Elizabeth Ames has collaborated with Steve Forbes on several books, including Inflation. 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?.