Season 1 · Episode 1
Inflation. Is it a good or bad thing?
Prof. Steve Keen suggests there’s one reason we should be welcoming higher inflation
Debunking Economics - the podcast · Steve Keen & Phil Dobbie
October 21, 201616m 8s
Audio is streamed directly from the publisher (sphinx.acast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
This week the inflation rate in the UK hit one percent. It’s a long way from the high teens of the late seventies and early eighties. In this inaugural episode of The Debunking Economics Podcast, Phil Dobbie suggests that low inflation is a good thing. It means prices aren’t going up. But, Prof. Steve Keen suggests there’s one reason we should be welcoming higher inflation. He also discusses the role of inflation in monetary decisions made by Reserve Banks around the world.
Hosted on Acast. See acast.com/privacy for more information.