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

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.