
Inflation
What It Is, Why It's Bad, and How to Fix It
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Narrado por:
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Carol Monda
Acerca de esta escucha
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 PublishingLos oyentes también disfrutaron...
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Historia
Every investment plan under the sun is, at best, an informed speculation of what may happen in the future, based on a systematic extrapolation from the known past. Same as Ever reverses the process, inviting us to identify the many things that never, ever change. With his usual elan, Morgan Housel presents a master class on optimizing risk, seizing opportunity, and living your best life. Through a sequence of engaging stories and pithy examples, he shows how we can use our newfound grasp of the unchanging to see around corners.
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Beautifully Succinct Summary of Others Original Ideas
- De Mitch en 11-09-23
De: Morgan Housel
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Chokepoints
- American Power in the Age of Economic Warfare
- De: Edward Fishman
- Narrado por: Robert Petkoff
- Duración: 17 h y 2 m
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General
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Historia
It used to be that ravaging another country’s economy required blockading its ports and laying siege to its cities. Now all it takes is a statement posted online by the U.S. government. In Chokepoints, Edward Fishman, a former top State Department sanctions official, takes us deep into the back rooms of power to reveal the untold history of the last two decades of U.S. foreign policy, in which America renounced the gospel of globalization and waged a new kind of economic war.
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Interesting
- De Craig C. en 06-05-25
De: Edward Fishman
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The Lords of Easy Money
- How the Federal Reserve Broke the American Economy
- De: Christopher Leonard
- Narrado por: Jacques Roy
- Duración: 10 h y 19 m
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Historia
If you asked most people what forces led to today’s unprecedented income inequality and financial crashes, no one would say the Federal Reserve. For most of its history, the Fed has enjoyed the fawning adoration of the press. When the economy grew, it was credited to the Fed. When the economy imploded in 2008, the Fed got credit for rescuing us.
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Pointless book
- De Darrin en 02-23-22
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The Sirens' Call
- How Attention Became the World's Most Endangered Resource
- De: Chris Hayes
- Narrado por: Chris Hayes
- Duración: 8 h y 54 m
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Historia
We all feel it—the distraction, the loss of focus, the addictive focus on the wrong things for too long. We bump into the zombies on their phones in the street, and sometimes they’re us. We stare in pity at the four people at the table in the restaurant, all on their phones, and then we feel the buzz in our pocket. Something has changed utterly: for most of human history, the boundary between public and private has been clear, at least in theory. Now, as Chris Hayes writes, “With the help of a few tech firms, we basically tore it down in about a decade.”
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Thoughtful and captivating
- De Nancy en 02-02-25
De: Chris Hayes
Attention to Detail
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As Americans, we feel a false sense of security and immunity to reckless fiscal policies because the dollar is the world's reserve currency and because we like to believe America is undefeatable. But Mr. Forbes's many historical examples of failed societies due to devaluation of currency should give us pause. If Rome could fall, so can the USA.
The author maintains that the only sensible and responsible path is to revert back to the gold standard for the dollar. My only criticism of the book is that the author didn't spell out exactly how reverting to the gold standard would affect (in both the short and long run) various aspects of our financial life. Specifically, what would happen to food and commodity prices, the stock market, the price of housing, etc. He tells us again and again that the gold standard is the way to go, but I would have liked to hear what the day to day consequences (both good and bad) would be.
Forbes should be a cabinet member.
A topic everyone should understand
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Inflation
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EYE OPENING
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would recommend
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precise information
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The second part is the chapter by chapter details.
In the end another but different summary / wrap up.
This book makes a sometimes confusing topic easier to understand.
The authors explain what is happening now in August 2022.
Easy to understand, how the gold standard works.
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corrective action needed.
Will Buy the Hard Copy
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I really like the idea that we do not need 20,000 people working at the Fed calculating micromanagement of our Economy.
The Gold standard
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Easy to understand
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