Summary of Steve Forbes's Inflation
By IRB Media
()
About this ebook
Please note: This is a companion version & not the original book. Book Preview:
#1 Inflation is the result of too much money chasing too few goods, but this is an oversimplification. Inflation can also occur quietly without dramatic increases in consumer prices.
#2 The dollar’s purchasing power has been reduced by 86 percent since 1970, according to a calculator from the Bureau of Labor Statistics.
#3 Inflation is when the price of goods and services increases over time. It can occur when demand exceeds supply, or when the cost of supplies increases. Defining an inflationary malaise simply as rising prices does not really describe what is taking place.
#4 Prices tend to rise in an economic expansion when there is increased demand, and decline in a recession when people are tightening their belts and budgets. This is true even when a currency is reliably stable in value.
IRB Media
With IRB books, you can get the key takeaways and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience.
Read more from Irb Media
Summary of Jessie Inchauspe's Glucose Revolution Rating: 5 out of 5 stars5/5Summary of Anna Lembke's Dopamine Nation Rating: 4 out of 5 stars4/5Summary of Joe Dispenza's Breaking the Habit of Being Yourself Rating: 4 out of 5 stars4/5Summary of David R. Hawkins's Letting Go Rating: 4 out of 5 stars4/5Summary of Clarissa Pinkola Estés's Women Who Run With the Wolves Rating: 5 out of 5 stars5/5Summary of J.L. Collins's The Simple Path to Wealth Rating: 5 out of 5 stars5/5Summary of Jim Collins & William Lazier's BE 2.0 Rating: 0 out of 5 stars0 ratingsSummary of Lindsay C. Gibson's Adult Children of Emotionally Immature Parents Rating: 5 out of 5 stars5/5Summary of Mark Wolynn's It Didn't Start with You Rating: 4 out of 5 stars4/5Summary of Haemin Sunim's The Things You Can See Only When You Slow Down Rating: 5 out of 5 stars5/5Summary of James Nestor's Breath Rating: 5 out of 5 stars5/5Summary of Al Brooks's Trading Price Action Trends Rating: 5 out of 5 stars5/5Summary of Erin Meyer's The Culture Map Rating: 5 out of 5 stars5/5Summary of Gordon Neufeld & Gabor Maté's Hold On to Your Kids Rating: 5 out of 5 stars5/5Summary of Kara King's The Power of the Pussy - How to Get What You Want From Men Rating: 4 out of 5 stars4/5Summary of G.L. Lambert's Men Don’t Love Women Like You Rating: 5 out of 5 stars5/5The Untethered Soul by Michael A. Singer | Key Takeaways, Analysis & Review: The Journey Beyond Yourself Rating: 4 out of 5 stars4/5Summary of G.L. Lambert's Ho Tactics (Savage Edition) Rating: 0 out of 5 stars0 ratingsSummary of Bill Eddy's 5 Types of People Who Can Ruin Your Life Rating: 5 out of 5 stars5/5Summary of Rebecca Fett's It Starts With The Egg Rating: 0 out of 5 stars0 ratingsSummary of Dr. Mindy Pelz's The Menopause Reset Rating: 3 out of 5 stars3/5Summary of Julia Cameron's The Artist's Way Rating: 4 out of 5 stars4/5Summary of Alison A. Armstrong's The Queen's Code Rating: 3 out of 5 stars3/5Summary of Mark Douglas' The Disciplined Trader™ Rating: 5 out of 5 stars5/5Summary of Anna Coulling's A Complete Guide To Volume Price Analysis Rating: 5 out of 5 stars5/5Summary of Gabor Mate's When the Body Says No Rating: 0 out of 5 stars0 ratingsSummary of Thomas Erikson's Surrounded by Idiots Rating: 3 out of 5 stars3/5Summary of Joyce Meyer's Battlefield of the Mind Rating: 5 out of 5 stars5/5Summary of Napoleon Hill's Outwitting the Devil Rating: 5 out of 5 stars5/5
Related to Summary of Steve Forbes's Inflation
Related ebooks
Summary of Ben S. Bernanke's 21st Century Monetary Policy Rating: 0 out of 5 stars0 ratingsAn Interesting Theory -Why Interest Rates are Important but not for the Reasons Commonly Assumed Rating: 0 out of 5 stars0 ratingsThe Death of Money | Summary Rating: 5 out of 5 stars5/5Summary of Danielle DiMartino Booth's Fed Up Rating: 0 out of 5 stars0 ratingsSave Money Now Rating: 0 out of 5 stars0 ratingsGood Derivatives: A Story of Financial and Environmental Innovation Rating: 5 out of 5 stars5/5Inflation-Proof Your Portfolio: How to Protect Your Money from the Coming Government Hyperinflation Rating: 4 out of 5 stars4/5Summary of Crashed: How a Decade of Financial Crises Changed the World Rating: 0 out of 5 stars0 ratingsThe Empire of Debt: We Came, We Saw, We Borrowed Rating: 0 out of 5 stars0 ratingsTurn Your Dreams into Reality: The power of ambition for professional success Rating: 0 out of 5 stars0 ratingsIntelligent Gold Investing: Including a section on Bitcoin Rating: 0 out of 5 stars0 ratingsSuccess as a Real Estate Agent For Dummies Rating: 0 out of 5 stars0 ratingsBook Review: The Wealth of Nations by Adam Smith: A foundational work in classical economics Rating: 5 out of 5 stars5/5Rebooted: An Uncommon Guide to Radical Success and Fairness in the New World of Life, Death, and Tech Rating: 0 out of 5 stars0 ratingsRicardo's Law Rating: 5 out of 5 stars5/5Summary of Scott Nations's A History of the United States in Five Crashes Rating: 0 out of 5 stars0 ratingsCurrency Power: Understanding Monetary Rivalry Rating: 0 out of 5 stars0 ratingsShould I Pay Off My Mortgage Early? Rating: 0 out of 5 stars0 ratingsThe 50 Biggest Estate Planning Mistakes...and How to Avoid Them Rating: 0 out of 5 stars0 ratingsGold Wars: The Battle for the Global Economy Rating: 5 out of 5 stars5/5Mastering International Finance Rating: 0 out of 5 stars0 ratingsFinancial Unorthodoxy: Practicable Views on Money, Banking and Investing Rating: 0 out of 5 stars0 ratingsThe Insured Portfolio: Your Gateway to Stress-Free Global Investments Rating: 0 out of 5 stars0 ratings15 Minute Reads: Fun Facts About American Presidents Rating: 0 out of 5 stars0 ratingsMoney Tools: The Young Adult's Guide to Financial Management: Journey to Financial Freedom Rating: 0 out of 5 stars0 ratingsInflation-Conscious Investments: Avoid the most common investment pitfalls Rating: 0 out of 5 stars0 ratingsInflation Hacking: Inflation Investing Techniques to Benefit from High Inflation Rating: 0 out of 5 stars0 ratingsFinancial Advice for Blue Collar America Rating: 0 out of 5 stars0 ratingsSummary of R. Paul Wilson's The Art of the Con Rating: 0 out of 5 stars0 ratings
Business For You
Capitalism and Freedom Rating: 4 out of 5 stars4/5Crucial Conversations Tools for Talking When Stakes Are High, Second Edition Rating: 4 out of 5 stars4/5Never Split the Difference: Negotiating As If Your Life Depended On It Rating: 4 out of 5 stars4/5Becoming Bulletproof: Protect Yourself, Read People, Influence Situations, and Live Fearlessly Rating: 4 out of 5 stars4/5Law of Connection: Lesson 10 from The 21 Irrefutable Laws of Leadership Rating: 4 out of 5 stars4/5Summary of J.L. Collins's The Simple Path to Wealth Rating: 5 out of 5 stars5/5Collaborating with the Enemy: How to Work with People You Don't Agree with or Like or Trust Rating: 4 out of 5 stars4/5Crucial Conversations: Tools for Talking When Stakes are High, Third Edition Rating: 4 out of 5 stars4/5On Writing Well, 30th Anniversary Edition: An Informal Guide to Writing Nonfiction Rating: 4 out of 5 stars4/5The Richest Man in Babylon: The most inspiring book on wealth ever written Rating: 5 out of 5 stars5/5Your Next Five Moves: Master the Art of Business Strategy Rating: 5 out of 5 stars5/5The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple Rating: 5 out of 5 stars5/5Set for Life: An All-Out Approach to Early Financial Freedom Rating: 4 out of 5 stars4/5Grant Writing For Dummies Rating: 5 out of 5 stars5/5The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers Rating: 4 out of 5 stars4/5How to Grow Your Small Business: A 6-Step Plan to Help Your Business Take Off Rating: 3 out of 5 stars3/5Financial Words You Should Know: Over 1,000 Essential Investment, Accounting, Real Estate, and Tax Words Rating: 4 out of 5 stars4/5The 12 Week Year (Review and Analysis of Moran and Lennington's Book) Rating: 5 out of 5 stars5/5Company Rules: Or Everything I Know About Business I Learned from the CIA Rating: 4 out of 5 stars4/5Nickel and Dimed: On (Not) Getting By in America Rating: 4 out of 5 stars4/5How to Get Ideas Rating: 4 out of 5 stars4/5Just Listen: Discover the Secret to Getting Through to Absolutely Anyone Rating: 4 out of 5 stars4/5How To Pay Off Your Mortgage in 5 Years Rating: 5 out of 5 stars5/5Tools Of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers Rating: 4 out of 5 stars4/5Money. Wealth. Life Insurance. Rating: 5 out of 5 stars5/5Robert's Rules Of Order Rating: 5 out of 5 stars5/5
Reviews for Summary of Steve Forbes's Inflation
0 ratings0 reviews
Book preview
Summary of Steve Forbes's Inflation - IRB Media
Insights on Steve Forbes's Inflation
Contents
Insights from Chapter 1
Insights from Chapter 2
Insights from Chapter 3
Insights from Chapter 4
Insights from Chapter 5
Insights from Chapter 6
Insights from Chapter 1
#1
Inflation is the result of too much money chasing too few goods, but this is an oversimplification. Inflation can also occur quietly without dramatic increases in consumer prices.
#2
The dollar’s purchasing power has been reduced by 86 percent since 1970, according to a calculator from the Bureau of Labor Statistics.
#3
Inflation is when the price of goods and services increases over time. It can occur when demand exceeds supply, or when the cost of supplies increases. Defining an inflationary malaise simply as rising prices does not really describe what is taking place.
#4
Prices tend to rise in an economic expansion when there is increased demand, and decline in a recession when people are tightening their belts and budgets. This is true even when a currency is reliably stable