Steve Forbes: How to Prepare for the Pending Inflation Tsunami

America, we cannot afford this -- $1.9 trillion and counting in “stimulus” spending. How will the passing of Biden’s sweeping COVID relief bill affect our futures and those of our children? What will it mean for the national economy and your investments? In a word, inflation. Fed Chair Jerome Powell appears to be in denial about the rising threat of inflationary measures. But even Dems like Harvard economist Larry Summers are sounding the inflation alarm. And trust me, the Fed is just getting started with this cash printing press. Steve Forbes, Chairman and Editor-in-Chief of Forbes Media, tells Trish how the Biden administration's spending and taxing policies will hinder economic growth in this country. They also discuss the minimum wage debate, the inevitable digitization of money, and the possibility of cryptocurrencies backed by gold. For more from Trish Regan, follow her on Twitter @trish_regan and visit AmericanConsequences.com.