Theories of the Causes of Inflation

Theories of the Causes of Inflation

Trevor Pugh

20 years: Trading & hedge funds

The development of fiscal and monetary policy generally, in the western world, has been a clear example of policy created for the benefit of one group over another. Trevor explains this inequality by examining a political economy, neoliberalism, and the relationship between employment and inflation.

The development of fiscal and monetary policy generally, in the western world, has been a clear example of policy created for the benefit of one group over another. Trevor explains this inequality by examining a political economy, neoliberalism, and the relationship between employment and inflation.

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Theories of the Causes of Inflation

4 mins 27 secs

Overview

Neoliberalism may be popular amongst wealthy creditors, however, the reality is that it causes increased levels of inequality.

Key learning objectives:

  • Define a ‘political economy’ and give an example

  • Identify how neoliberalism causes inequality, and the potential ways to combat this

  • Understand the link between employment and inflation

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