Forums
New posts
Forum list
Search forums
What's new
New posts
New resources
Latest activity
Trending Threads
Resources
Latest reviews
Search resources
FarmTV
Farm Compare
Search
Tokens/Searches
Calendar
Upcoming Events
Members
Registered members
Current visitors
New Resources
New posts
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Forum list
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More options
Contact us
Close Menu
Forums
Farm Business
Agricultural Matters
Bank governor in 'apocalyptic' warning over rising food prices
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="AT Aloss" data-source="post: 8142015" data-attributes="member: 134478"><p>The problem with Stagflation (inflation in an environment of stagnant growth) is that monetary policy cannot solve both inflation and recession at the same time. Some might say that statistics are showing we are in a tight labour market, so it can't be stagflation! One solution would be returning to a manufacturing economy (supply side economics in a deregulated environment with lower bureaucracy - but I can't see the snouts in the trough going for that regardless of them calling themselves free-marketeers"). When the unproductive labour in the service economy is added to the volume of people that don't want to work, we end up with the equivalent economic problem of high unemployment, this stagflation, and nothing Andrew Bailey is doing is going to cure it.</p><p></p><p>Make hay while the sun shines...</p></blockquote><p></p>
[QUOTE="AT Aloss, post: 8142015, member: 134478"] The problem with Stagflation (inflation in an environment of stagnant growth) is that monetary policy cannot solve both inflation and recession at the same time. Some might say that statistics are showing we are in a tight labour market, so it can't be stagflation! One solution would be returning to a manufacturing economy (supply side economics in a deregulated environment with lower bureaucracy - but I can't see the snouts in the trough going for that regardless of them calling themselves free-marketeers"). When the unproductive labour in the service economy is added to the volume of people that don't want to work, we end up with the equivalent economic problem of high unemployment, this stagflation, and nothing Andrew Bailey is doing is going to cure it. Make hay while the sun shines... [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Farm Business
Agricultural Matters
Bank governor in 'apocalyptic' warning over rising food prices
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…
Top