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CSPAN3 After Words Steve Forbes Inflation July 7, 2024

hi mr. forbes. thank you so much for taking the time to do this interview. i wonder if we could just start it really broad because your book obviously is about pressing topic of the day inflation and you define inflation a little bit differently in the book then it s traditionally i think talked about here in america, and i wonder if you could just go through your definition and how how it differs from other definitions. well really as we explained in the book, there are two kinds of inflation non-monetary and monetary the non-monetary kind which affects prices would be an event like such as a drought or the lockdowns that we had during covid or the war now undergoing in ukraine, which is affecting food supplies and energy supplies those kinds of events can send up prices. we underestimated for example with the covid lockdowns how intricate those supply chains were and have huge disruption sending up prices. those are the non very kind of inflation though if they have a ....

New York , United States , United Kingdom , Robert Gordon , Alan Green , Paul Volcker , Adolf Hitler , George Washington ,

CSPAN3 After Words Steve Forbes Inflation July 7, 2024

in ukraine, which is affecting food supplies and energy supplies those kinds of events can send up prices. we underestimated for example with the covid lockdowns how intricate those supply chains were and have huge disruption sending up prices. those are the non very kind of inflation though if they have authorities allow it will eventually work itself out after world war two for example the us economy. we forget it today under what a huge transformation from a wartime economy to a peacetime economy for making tanks to making cars those things you don t do overnight eventually the price situation settles down the monetary kind of inflation results when governments or central banks create too much money undermine the value of their currency which leads to all usually rising prices and that is really the more ominous kind dangerous kind because people don t understand why prices seem to be going up for no real reason and it leads not only to economic problems that also po ....

New York , United States , United Kingdom , Robert Gordon , Alan Green , Paul Volcker , Adolf Hitler , George Washington ,

CSPAN3 After Words Steve Forbes Inflation July 7, 2024

you define inflation a little bit differently in the book then it s traditionally i think talked about here in america, and i wonder if you could just go through your definition and how how it differs from other definitions. well really as we explained in the book, there are two kinds of inflation non-monetary and monetary the non-monetary kind which affects prices would be an event like such as a drought or the lockdowns that we had during covid or the war now undergoing in ukraine, which is affecting food supplies and energy supplies those kinds of events can send up prices. we underestimated for example with the covid lockdowns how intricate those supply chains were and have huge disruption sending up prices. those are the non very kind of inflation though if they have authorities allow it will eventually work itself out after world war two for example the us economy. we forget it today under what a huge transformation from a wartime economy to a peacetime economy fo ....

New York , United States , United Kingdom , Robert Gordon , Alan Green , Paul Volcker , Adolf Hitler , George Washington ,

CSPAN3 After Words Steve Forbes Inflation July 7, 2024

i wonder if we could just start it really broad because your book obviously is about pressing topic of the day inflation and you define inflation a little bit differently in the book then it s traditionally i think talked about here in america, and i wonder if you could just go through your definition and how how it differs from other definitions. well really as we explained in the book, there are two kinds of inflation non-monetary and monetary the non-monetary kind which affects prices would be an event like such as a drought or the lockdowns that we had during covid or the war now undergoing in ukraine, which is affecting food supplies and energy supplies those kinds of events can send up prices. we underestimated for example with the covid lockdowns how intricate those supply chains were and have huge disruption sending up prices. those are the non very kind of inflation though if they have authorities allow it will eventually work itself out after world war two for ....

New York , United States , United Kingdom , Stephen Schmidt , Robert Gordon , Alan Green , Paul Volcker , Adolf Hitler , George Washington ,

CSPAN2 After Words Steve Forbes Inflation July 7, 2024

hi mr. forbes. thank you so much for taking the time to do this interview. i wonder if we could just start it really broad because your book obviously is about pressing topic of the day inflation and you define inflation a little bit differently in the book then it s traditionally i think talked about here in america, and i wonder if you could just go through your definition and how how it differs from other definitions. well really as we explained in the book, there are two kinds of inflation non-monetary and monetary the non-monetary kind which affects prices would be an event like such as a drought or the lockdowns that we had during covid or the war now undergoing in ukraine, which is affecting food supplies and energy supplies those kinds of events can send up prices. we underestimated for example with the covid lockdowns how intricate those supply chains were and have huge disruption sending up prices. those are the non very kind of inflation though if they have a ....

New York , United States , United Kingdom , Robert Gordon , Alan Green , Paul Volcker , Adolf Hitler , George Washington ,