Why Inflation Is Still Out of Control
The Money Podcast
00:00
Introduction
Inflation in surprise jump to 10.4%. Well honestly, I'm surprised that anyone is surprised. Now many so-called economic experts are saying, all inflation will go down. But if you think about it from a basic economics point of view, supply and demand are likely the highest drivers of price. And for months in lockdown we didn't create or supply anything. Nothing was produced, nothing was built. When you build and make and create nothing for months how many years is that going to take to play out into the economy? If politicians were honest there'd be no political system which actually might be good because he really believes that the political system needs a major reform.
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