Spotlight: The Fed Is Underestimating Inflation And It Won't End Well

As lockdowns end and the economy reopens, the Federal Reserve is stoking the fires of inflation by creating way too much money to finance the Biden Administration’s spending binge. Steve Forbes on how the Fed is underestimating inflation and on why that won't end well if it continues to devalue the dollar. Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

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In an uncertain and rapidly changing world, Steve Forbes sits down with today’s leading business and economic minds to give listeners a better grasp of what’s ahead, and shares his own perspectives on the day’s most pressing issues.