Online Event

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

Authors Steve Forbes, Nathan Lewis, and Elizabeth Ames provide insights from their hot-off-the-press new book, Inflation: What It Is, Why It’s Bad, and How to Fix It.

The book 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.


Wednesday, May 25, 2022
10:00 AM PDT/1 PM EDT


Online Event


Jackson Meyer


Steve Forbes

Steve Forbes is Chairman and Editor-in-Chief of Forbes Media. Steve’s newest project is the podcast “What’s Ahead,” where he engages the world’s top newsmakers, politicians and pioneers in business and economics in honest conversations meant to challenge traditional conventions as well as featuring Steve’s signature views on the intersection of society, economic and policy.

Nathan Lewis

Fellow, Center on Wealth & Poverty
Nathan Lewis is the author of four books on economic topics, including three about the gold standard. He has maintained a website on economic topics since 2005, at He has fifteen years of experience in the asset management industry, in research and portfolio management. Today, he is the editor of the Polaris Letter, an investment newsletter.

Elizabeth Ames

Elizabeth Ames is a noted commentator and author. She has collaborated with Steve Forbes on several books, including Money. Her articles have appeared in, The Daily Caller, The American Spectator, and other outlets. She is co-producer and writer of the award-winning, public television documentary In Money We Trust?, which has aired nationwide and can be viewed at