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 is a must-read for anyone seeking to understand the current inflationary storm and how to protect their wealth. Written by Steve Forbes, Nathan Lewis, and Elizabeth Ames, the book challenges long-held beliefs about central banks and economic stability and offers practical advice for protecting your assets. With examples from the headlines and history, Inflation is a unique and essential exploration of the subject.

Format: Hardback
Length: 168 pages
Publication date: 02 June 2022
Publisher: Encounter Books,USA

Steve Forbes, Nathan Lewis, and Elizabeth Ames have written a book titled "Inflation: What It Is, Why It's Bad, and How to Fix It." The book addresses the current inflationary storm in the United States, which has been 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 1970s-style "Great Inflation." Some observers even fear a descent into the kind of Weimar-style hyperinflation that has torn apart so many nations. The authors argue that today's problems can be solved by discarding longstanding beliefs that helped bring on the current crisis, such as the notion that central banks can create prosperity through artificially creating money "out of thin air" and that economic "stability" requires "a little inflation." The book also explains why the current rage for heedless money-printing advocated by left-wing advocates of so-called Modern Monetary Theory is misguided. The authors argue that the current inflationary storm is the result of decades of misguided economic policies and that the only way to fix it is to return to sound money principles. They recommend a return to a gold standard or a currency backed by gold, as well as a reduction in government spending and regulation. The book has received praise from several prominent figures, including Senator Rand Paul (R-KY) and George Gilder. Inflation: What It Is, Why It's Bad, and How to Fix It is an important book that should be read by the Federal Reserve and all of us who care about our way of life. It provides a scintillating emergency manual for financial survival and offers a clear and concise explanation of the current inflationary storm and what can be done to fix it.

Weight: 444g
Dimension: 148 x 223 x 23 (mm)
ISBN-13: 9781641772433