Steve Forbes is chairman and editor-in-chief of Forbes Media, the foremost name in business information. A widely respected economic prognosticator and regular broadcast commentator, he hosts the acclaimed webcast “What’s Ahead.” He is author and co-author of several books, including “Money,” the bestselling “How Capitalism Will Save Us,” and “Flat Tax Revolution.” He helped create the award-winning documentary “In Money We Trust?” In 1996 and 2000, he campaigned vigorously for the Republican nomination for the presidency.
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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”…