Theories of the Causes of Inflation

Theories of the Causes of 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.
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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Summary
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Expert
Trevor Pugh

Trevor Pugh

Trevor has worked in finance since 1995. He started his career in investment banking after studying Law at Cambridge and taking a Masters Degree in Financial Services from University College Dublin. Trevor spent 18 years at Barclays investment bank where he became a Managing Director and head of Gilt trading. He currently works as Chief Operating Officer for a hedge fund.

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