printing money

A brief explanation of the true meaning of inflation, and the federal government's responsibility for it, plus why it is so destructive.

The notion that the Federal Reserve should try to manage how the economy performs is dangerous nonsense. News flash to the Fed: Prosperity doesn’t cause inflation; creating too much money and undermining the dollar's value does! Is a recession ahead inevitable? Steve Forbes on the Fed’s plans to slow inflation that will ultimately kill the economy.

Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

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The Fed says its actions on Wednesday show it’s now serious about fighting inflation. The trouble is, it won’t use the best weapon possible: gold. Steve Forbes on the Fed’s continued battle with inflation and on how the central bank won’t even consider our most formidable, reliable, time-tested tool to keep the dollar stable in value, a gold standard.

Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

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Senate Majority Leader Chuck Schumer has unveiled his solution to help fight inflation: significant tax increases. Steve Forbes on why the Democrats’ proposed tax hike is reckless and is not the answer to inflation.

Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

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The Federal Reserve believes that you attack inflation by deliberately reducing economic activity and, thus, is pushing the economy toward a recession or, at least, an unwelcome slowdown. Steve Forbes on the Fed's recession that’s looming over our economy, on rising interest rates and on how the road ahead doesn't look good for a vibrant stock market.

Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

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The Federal Reserve is raising interest rates in a belated response to inflation that a year ago it told us was transitory and nothing to worry about. But brace yourself, as the Fed is putting us on the road to an unnecessary recession. Steve Forbes on the two types of inflation and how each requires a different response, and on why the Fed's gimmicks have us headed for a crash landing.

Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

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The White House announced the administration would be proposing a new minimum tax of 20% on households worth more than $100 million. Investors take note: President Biden’s new minimum tax on billionaires is just another economy-killing tax. Steve Forbes on how no country has ever taxed its way to prosperity and on why enforcing such a tax would be an administrative nightmare.

Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

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Federal Reserve policymakers formally meet next week, a meeting that will mark a critical turning point for monetary policy. Steve Forbes on the Fed’s fight against inflation, its proposed rate hikes and how this move poses a danger to the economy and financial markets.

Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

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When it comes to inflation, the Federal Reserve and the White House are like firefighters who don’t know how to fight fires, which is terrible news for the economy and investors. Has the Federal Reserve lost control of the fight against inflation? Steve Forbes on why the principal inflation fighters are floundering and on how they could end up engineering a recession if they aren’t careful.

Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Politicians have long been masterful in disguising or obscuring the true nature of their proposals. But ​​will misleading labels and bureaucratic maneuvers save President Biden's antigrowth economic agenda? Steve Forbes on the truth behind the euphemisms and outright false labeling that have pushed political agendas in the past, and on why you should never judge a political proposal by its label.

Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

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President Biden and his team are faulting greedy businesses—primarily meat processors—oil and gas producers and pharmaceutical companies to avoid blame for rising prices. And, if inflation doesn't ease soon, there is talk that Biden will enforce price controls on these businesses. Steve Forbes on the swirling inflation scapegoats, on how history has demonstrated prices controls don't work and on why artificially suppressing prices would be a disastrous move!

Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Turkey’s currency, the lira, is plunging in value, and the official inflation rate is soaring, causing desperate people there to plunge into cryptocurrencies. When people don’t trust their domestic currencies, they will find more trustworthy alternatives. Steve Forbes on the favorite cryptocurrency in Turkey right now, on what that reveals about the future of cryptos and on how this is just the beginning of this specific class of crypto’s challenge to governments’ monopoly of money.

Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

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After downplaying the threat of rising prices, Federal Reserve Chairman Jerome Powell is now portraying himself as a fierce, sure-handed inflation fighter. But the core question is straightforward: Does Powell know how to do the job without throwing a wrench into the economy and sending it into a recession? Steve Forbes on Powell’s plans to curb inflation and on what he might be missing when it comes to the true nature of inflation.

Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

After months of record rises, stocks are taking a hit. From the new Omicron variant to the excessive money printing from the Federal Reserve, Steve Forbes on why stocks are wobbly, and the three main reasons they are taking a hit right now. 

Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

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In Turkey the official inflation rate is 20% (more than three times that of the U.S.), the unofficial one is worse and worsening. But when it comes to inflation, is the U.S. becoming like Turkey? Steve Forbes on the recent inflation surges and disturbing similarities between the Central Bank of the Republic of Turkey’s and the Federal Reserve's ability to fight inflation.

Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

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Markets are applauding President Biden's reappointment of Jerome Powell to head the Federal Reserve, but don’t break out the champagne yet. Steve Forbes on the Fed’s money-printing gimmicks that started well before COVID-19 and on why more inflation will likely be coming in 2022 and 2023.

Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Despite happy talk from the Federal Reserve earlier this year, pricing pressures are worsening, shortages are growing more acute, voters are angry and President Biden’s approval rating is plummeting. But are these higher prices and product shortages a result of bad policies? Steve Forbes on the economic problems at hand and on what should be considered to course-correct the direction in which we are headed.

Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

As the Federal Reserve, the White House and Congress play with fire regarding future inflation and economic stagnation, there’s a lot they can learn from the history of inflation. Steve Forbes on the seemingly forgotten past of former President Ulysses S. Grant and the crucial role he played in enabling the U.S. to become the most significant economic colossus in history. Can the ghost of Ulysses S. Grant save us from an economic catastrophe?

Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Our central bank seriously underestimated the disruptions caused by the pandemic, most recently the impact of the Delta variant. Is inflation a bigger problem than the Fed thinks? Steve Forbes on the political and economic realities that are settling in and on the trouble ahead for the Fed if Congress passes President Biden's blowout spending bill.

Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Federal Reserve is deeply flawed, but the real issues are more far-reaching than Jerome Powell and whether President Biden will reappoint him as head of the Fed. Steve Forbes on the foundationless thinking that dominates this institution and on why a replacement from this White House would be no better but probably worse.

Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.