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The Lessons of US history. The past century is filled with lessons about how currencies are debased and why they lose purchasing power. We look at various presidential and monetary regimes and the inflation rates associated with each. Going deeper in, we look behind the numbers to see how the thinking of various leaders either conformed with or flaunted the basic principles of monetary soundness. We see how principles express themselves in the real world of economic history, and frame the question of the day…why has easy money not yet led to high inflation?
Jerry Bowyer is the author of The Maker Versus the Takers: What Jesus Really Said About Social Justice and Economics. He is a member of the Vident Index Policy Committee, editor of Townhall Finance, and president of Bowyer Research. Jerry is also resident economist with Kingdom Advisors and is on the editorial board of Salem Communications. He has been a Forbes.com columnist, has appeared on Fox Business News, Fox News, and CNBC, and has written for numerous publications. Jerry lives in Pennsylvania with his wife, Susan, and the youngest three of their seven children.