Capitalisn't cover image

He Foresaw Inflation. Here’s What He Expects Next. Feat. Lord Mervyn King

Capitalisn't

00:00

Are You Arguing That Inflation Wasn't Previsible?

I think it was foreseeable, but for different reasons that the failure that Mar-Rin King portrays. The story of 2021 is really a limited supply and increased demand. If you give a lot of money to people and you don't make it easy to produce more, the only way that will manifest is through higher prices. I heard actually an analyst from a major investment bank saying that 60% of the inflation in 2021,. early 2022 was due to mark up increases, not to cost of the inflation.

Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner
Get the app