Jacksonville Public Library

Inflation, what it is, why it's bad, and how to fix it, Steve Forbes, Nathan Lewis, Elizabeth Ames

eng

Includes bibliographical references (pages 135-169) and index

index present

non fiction

Inflation

bibliography

1273676971

Steve Forbes, Nathan Lewis, Elizabeth Ames

what it is, why it's bad, and how to fix it

<i>Inflation</i> 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 the possible return of a 1970s-style "Great Inflation." Some observers even fear a descent into the kind of raging hyperinflation that has torn apart so many nations. Is it true? If so, how should we prepare for the future? This book answers these questions in an engaging discussion that draws on the expertise of Steve Forbes, Nathan Lewis, and Elizabeth Ames. The authors assert that the answer to inflation is discarding long-held misperceptions that helped bring on the current crisis. They include the notion that central banks can create prosperity by producing money out of thin air, and that economic stability requires a little inflation. Packed with examples from the headlines and from history, <i>Inflation</i> 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. This is essential reading for everyone seeking to navigate these tumultuous times. --Adapted from jacket

Introduction -- What is inflation? -- Not-so-great moments in inflation history -- Why inflation is bad -- How to end the malaise -- What about your money? -- The way forward