Why UK Value Stocks Are Still the Trade of the Decade
Merryn Talks Money
00:00
The Dynamics That Prevent Inflation From Being Transient
30 years of inflation steady in the two, two and a half percent range with an occasional blip up to four or five. But 80% of the time the rolling 12 month inflation was in the one and a half to three range. The key point here is not prevented from being transient, but make that improbable. Think about the causes of inflation. Demand stimulus from people having more pocket money from work from home; massive stimulus, air drops of cash into people's accounts.
Transcript
Play full episode
