
Progressive Economy Forum - How To End The Cost Of Living Crisis
Politics Theory Other
00:00
Inflation to Day Is Coming From Import Factors
Inflation we experienced to day is almost entirely er due to imported factors. But i think the key part of this story is that if you have, and most mainstream economists will have, a story which says there is too muchon it is going into too many workers hands ecause they are asking for too much money. This is forcing up prices. Almost no part of this works. And what's really bizarre, what's really peculiar about it is hif you find some of the more honest characters out there. In this case, andrew bayley, governo of the bank of england, who, just a few months ago, did a whole the base on inflation. He said
Transcript
Play full episode