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Publisher's Summary

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 listening for everyone seeking to navigate these tumultuous times.

©2022 Steve Forbes, Nathan Lewis, and Elizabeth Ames (P)2022 Blackstone Publishing

What listeners say about Inflation

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precise information

it's an excellent book for learning all about inflation. in just a short amount of time

1 person found this helpful

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No citations, one hour of repetition

I’ve never given a review in the 156 books I’ve listened to on Audible In the last 5 years. As a business major with 20+ years dealing with CEO/CFOs of companies with $10M-$1B revenue, I looked forward to seeing what this book would provide. I meet weekly with these leaders and hear their challenges related to inflation.

This book seems to be rushed to the market. I get their three solutions, but they don’t acknowledge the downsides or cite any of their key statements. More their opinions. I’ve spent two hours reading up why their solutions are out of date and easily debunked. I did learn a few things. However, i believe I heard Zimbabwe, Weimar, or Argentina 10 times in the book. I get it, everyone knows those were were disaster. Book is best for someone with no business experience.

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EYE OPENING

The red pill about what money actually is and how it works. A must listen to every investor.

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would recommend

Had some difficult concepts but did a great job explaining current economic situation and giving plenty of examples that show the similarities in inflationary circumstances in history.