Nathan Lewis is among the world’s leading authorities on monetary policy and economic history. He is the author of “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.” A Discovery Institute Fellow, his writing has appeared in Forbes, the Financial Times, and elsewhere. He publishes the Polaris Letter, a monthly investment newsletter available at newworldeconomics.com.
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by Steve Forbes and Elizabeth Ames and Nathan Lewis | Apr 19, 2022
Prices can rise for any number of reasons. Non-monetary events like supply-chain disruptions, or a spike in demand for a hot product or service — or a government regulation that creates scarcity — can all push up prices. The “good”…