About this episode
The episode discusses economic growth during the pandemic, inflation concerns, and retail sales influenced by gold purchases.
This is the latest in my series of podcasts explaining how economics works in the credit crunch and now virus pandemic era. This week I give my thoughts on DP is said to have grown only marginally (say 0.1-0.2%), is it possible that in fact it declined, because the ONS understated inflation by a margin greater than the claimed growth? what proportion of the increase in retail sales in the UK, as reported today, is down to gold purchases. Also previous month? What are your views on Robert Jenrick's appointment, Shaun, and in his speech this week? Reforming rather than abolishing the OBR, narrowing the BoE's remit but retaining its independence, reinstating the two-child cap, retaining the triple lock etc
People in this episode
Host: Shaun
Topics covered
- economics
- credit crunch
- pandemic
- retail sales
- inflation
Keywords
- DP growth
- ONS inflation
- retail sales UK
- gold purchases
- Robert Jenrick
- OBR reform
- BoE remit
- triple lock
- two-child cap
Mentioned in this episode
Places: UK
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