The Bank of England’s totally wrong response
Debunking Economics - the podcast
The Cost of Inflation
Fiscal stimulus meant manufacturers thought they could make a larger markup okay and that's diminishing because we haven't got the same scale of fiscal stimulus anymore but you've got to get the markups down. Most of the burden falls on workers not the manufacturers well those markups continue there i mean if we start to see for example supply chains returning to normal then um there'll be more competition yeah about the same time what is normal in the current circumstances.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
