The New York Sun/Editorial/4-6-2022
“Mr. Forbes and his co-authors commence with a list of what inflation isn’t. Inflation isn’t nasty employers, or even erroneous energy companies. It isn’t chip shortages. It isn’t even prices. Prices are mere signals, like the lights on a dashboard. The lights are telling us that our government has over time supplied too much money. As Mr. Forbes & Co. remind us, ‘inflation is the distortion of prices when money loses value.’”
USAGOLD note: A thorough review of the new book by Steve Forbes, Nathan Lewis and Elizabeth Ames – Inflation: What It Is, Why Its Bad, and How To Fix It. Forbes recommends “a sound dollar anchored by gold.” The New York Sun agrees saying “it’s past time to consider such a standard.”
