Episodes
Thursday Mar 31, 2022
Lessons from history: how we beat inflation in the 1970s - now can we do it again?
Thursday Mar 31, 2022
Thursday Mar 31, 2022
War raging, the world order being challenged, huge amounts of government spending, an energy crisis and inflation spiralling out of control. No, we're not talking about 2022, we're talking about the 1970s.
The events of the 70s and the devastating social and economic fallout are being compared to what might happen now, but is it relevant?
In this show, Keith Wade, Schroders Chief Economist, takes us through the events of a tumultuous decade. From the bad decisions that led to a brutal recession, to how it shapes economic theory decades later, and, ultimately, if it still matters in 2022.
RUNNING ORDER:
01:22 - Part one: The coming storm
12:23 - Part two: How inflation was tamed
16:41 - Part three: Lessons learned from the 1970s and are they relevant now
MUSIC
Track called Order by ComaStudio from Pixabay
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