#68: Rising inflation and the cost of living crisis in the UK with Shaun Richards

Shaun Richards is an independent economist who specialises in inflation measurement and monetary economics. This follows a career in the City of London where he specialised in derivatives (mainly options) on interest-rates and bonds. Shaun has also worked in Tokyo. He is a Bank of England watcher which covers the issues of monetary policy and money printing or quantitative easing (QE). Shaun also traded as a local on the London International Financial Futures Exchange where he mostly traded futures and options on future and present UK interest rates. We cover the following in our conversation: Why are we seeing a surge in inflation in the UK and globally? Why is inflation data inaccurate and often misleading? What will curb inflation: monetary & fiscal policy How bad can it get?  What will it take for the UK to recover from this cost of living crisis? Listen to previous interviews with Shaun Richards here: episode #47 and episode #29. ***