George Magnus: financial repression and inflation – the only way out

There are very few ways to get out of the debt hole we have dug, economist and author George Magnus tells Merryn, and inflation is one of the most likely. Not tomorrow, perhaps – not even by the end of the year. But it is coming.

• George Magnus is author of Red Flags: Why Xi’s China is in Jeopardy. Buy on Amazon here.

(Apologies for the poor sound quality on Merryn's half of this recording)

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