UK's Stagflation Fears Have Materialised (Economy On Edge Of Plan C Lockdown)

Подписаться 3,7 тыс.

50% 1

Stagflation is the word economists use to describe when economic growth stagnates, while inflation and unemployment rise at the same time. It's a problem that has caused many countries around the world to rethink their monetary policies. And it's something we're now facing in Britain, with interest rates at historic lows, price inflation rising, and our economy on edge of Plan C lockdown...
Subscribe to my RU-vid channel: bit.ly/MartinBa...
---
Martin Bamford is an award-winning Chartered Financial Planner, Fellow of the Personal Finance Society and Director of Client Education at Informed Choice. He’s author of three bestselling personal finance books and co-author of Harriman’s New Book of Investing Rules.
**My Websites***
Personal Finance Blog: finvincible.co...
Informed Choice Independent Financial Planners: icfp.co.uk/
My Digital Content Marketing Agency: bearcontent.co...
**Informed Choice Radio Podcast**
Listen on Apple Podcasts: apple.co/3qSxrFX
Listen on Google Podcasts: bit.ly/ICRadioG...
Listen on Spotify: spoti.fi/3uqfAIB
Available on Stitcher: bit.ly/3byJrpR
Subscribe & Listen on Overcast: bit.ly/3uB5Hbp
**My Books**
amzn.to/3pQjoj0
**My Filming Equipment**
amzn.to/3qReBPE
**Business Enquiries**
Email me at martin@bearcontent.co.uk
**Important Disclaimer**
This video is for information and entertainment only. Nothing on this channel constitutes financial advice. Please do not make any decisions based on the contents of my videos; seek professional independent financial advice first!
The value of investments can go down as well as up. Past performance is not indicative of future returns.
This description contains affiliate links that allow you to find items mentioned in this video and support the channel at no cost to you. While the channel might earn a small sum when you use one of these links, you are in no way obligated to use this link.

Опубликовано:

12 сен 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 15

@themartinbamford 2 года назад

Today's GDP figures look bad, and that was before the Omicron variant placed another halt on the UK economy. What next?

@echoecho5244 2 года назад

Another of my favourite youtubers (a contrarian, maneco64) made an interesting observation on the USA CPI of 6.8% which is widely reported as the highest since 1982. His observation is that the ten year treasuries are presently a very low 1.5%, but in 1982 they were up to 15%, maybe 13% on average. So "what's next" could be high interest rates, though the BoE are dragging their feet, on the basis this will all pass over just as quick as it surfaced. Its a brave assumption in my humble and far less educated view, as I tend to think of inflation like a fire, ie you try to put it out asap.

@echoecho5244 2 года назад

One of your best videos ever in my opinion, thanks. The gap between cpi and cpih widened recently on account of cpi being more exposed to imported inflation rather than domestic (ie doesnt have the owner occupier housing costs and council tax, so in turn has heavier weighting to eg gas and electric). I think if high inflation persists it will have to be because wage demands are met to meet inflation. Id like rates to rise anyway so ready for inevitable next crisis. Can we really get away with more and more QE and nil rates without destroying the currency

@themartinbamford 2 года назад

Thank you. The Treasury was warning the other day about inflation risks from a wage spiral, specifically for public sector pay awards next year.

@maltesetony9030 2 года назад

Ah, stagflation! Makes my rheumy old eyes long for those great 1970s. Prawn cocktail, anyone?

@themartinbamford 2 года назад

I sadly missed out on that decade and associated delicacy!

@ItsMe-co4bj 2 года назад

What a great channel I’ve stumbled across here, you really know your stuff and is delivered very well indeed, a complete natural, relatable chap. Keep it up Martin and you’ll do well. 👍

@themartinbamford 2 года назад

Thank you kindly!

@medinaalbero 2 года назад

Inflation is partially caused by an increased demand in the economy, pushed by artificially low interest rates, e.g. chip manufacturing is at pre pandemic levels and still demand surpasses supply. That said, if only England raises interest rates, whilst US and Europe maintain them so low, it can cause issues such us unemployment and also impact exports due to appreciation of GBP. However regarding the latter, I'm not sure how it would affect the UK, which primarily exports services and could be in a good position to appreciate it's currency.

@themartinbamford 2 года назад

Great analysis. This is why the decision to hike or maintain interest rates remains so unclear.

@mttrader7 2 года назад

Inflation is the expansion of the money supply you don’t cause it you create it gov create inflation they don’t cause inflation the affects of inflation is higher consumer prices we’ve had inflation for years the prices are just playing catch up soon will start to see extreme higher prices

@medinaalbero 2 года назад

@@mttrader7 that's only partially true. Currently the biggest part of the inflation is caused by the rise of industrial prices (up to 30%) due to gas prices and over demand. And we won't necessarily see extreme prices as long as interest rates go up, salaries don't hike up too quickly, and gas and other industrial prices go back to normal.