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NATHAN LEWIS is among the world’s leading authorities on monetary policy and economic history. He is the author of four books on the subject of money: The Magic Formula: The Timeless Secret to Economic Health and Prosperity; Gold: The Once and Future Money; Gold: The Monetary Polaris; and Gold: The Final Standard. He has been featured in television documentaries in the U.S., South Korea, China, Russia, and Britain, and has testified in Congress on economic issues.
A Fellow of the Wealth and Poverty program at the Discovery Institute, he has spoken at events hosted by the Cato Institute, Heritage Foundation, American Principles Project, and others. His writing has appeared in Forbes, the Financial Times, Nikkei Business, Worth, and other publications. He has fifteen years of experience in the asset-management industry as a macro analyst for institutional investors.
Inflation: What It Is, Why It’s Bad, and How to Fix It explains the forces behind the epidemic of soaring prices squeezing individuals and businesses still struggling in the aftermath of the COVID pandemic. An alarming rise in the cost of living has stoked fears of a new crisis resembling the decade-long inflation of the 1970s. Some even raise the specter of a descent into the kind of Weimar-style hyperinflation that has torn apart so many nations. Can this be true? If so, what should be done? How should we prepare for the future?