Money Talks: What happens if inflation sticks?
Money Talks from The Economist
The Economist
4.4 • 1.2K Ratings
🗓️ 29 June 2023
⏱️ 43 minutes
🧾️ Download transcript
Summary
Over the past two years, inflation has been full of surprises. Central bankers are now facing up to the very real possibility that bringing sticky inflation down to their 2% targets could bring deep economic pain. Some analysts are starting to ask whether they might be tempted to tolerate higher inflation instead.
On this week’s podcast, hosts Alice Fulwood, Tom Lee-Devlin and Mike Bird ask what would happen if ballooning price rises aren’t brought back down to target. The Economist’s Josh Roberts tells them why higher inflation may be here to stay. And Ed Cole, from asset manager Man Group, and Andrew Balls, from PIMCO, explain what would happen in equities and bond markets if it does.
Sign up for our new weekly newsletter dissecting the big themes in markets, business and the economy at www.economist.com/moneytalks
For full access to print, digital and audio editions, subscribe to The Economist at www.economist.com/podcastoffer
Hosted on Acast. See acast.com/privacy for more information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | As Nigel opened his Amazon parcel, it was in love at first sight, sleek design and effortless cornering. |
| 0:07.0 | This vacuum cleaner screamed quality and for a price lower than he ever dreamed. |
| 0:12.0 | Five stars from Nigel. |
| 0:15.0 | With star reviews from you and star prices from us, start your search on Amazon today. |
| 0:22.0 | This advert is bought to you by American Express and Airwollix. |
| 0:27.0 | Well hello international markets on our global customers, Chow, new revenue streams. |
| 0:32.0 | There's a long list of new challenges when growing your business globally. |
| 0:35.0 | Don't get caught out, get Airwollix. |
| 0:37.0 | The financial platform that helps you collect, manage, convert and send money globally. |
| 0:42.0 | Airwollix and American Express are working together to help businesses grow beyond borders. |
| 0:47.0 | To learn how visit airwollix.com forward slash UK forward slash American dash express. |
| 0:57.0 | This is Michel Fjordinaise, one of our hot champagne. |
| 1:02.0 | On this particular bottle we are going to be on a Brut nature reserve. |
| 1:09.0 | Brut nature meaning you have 0% of sugar in it. |
| 1:12.0 | I'm Remy, Remy Fury. I'm the general manager at Champagne Informage, Covent Garden. |
| 1:16.0 | We sell cheese. We sell cheese from goat's cheese to cow's cheese. |
| 1:20.0 | We are exclusively French. |
| 1:22.0 | So all of our cheeses are French and we try to make an experience to the customer. |
| 1:26.0 | To pair our cheeses with champagne. |
| 1:29.0 | So every champagne will have a different cheese that it goes better with or not. |
| 1:33.0 | For two years price rises around the world have been rampant. |
| 1:37.0 | And that is being felt across the economy. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Economist, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Economist and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.