How the legacy of Covid-19 might be turbocharged DEFLATION
The Steps to Investing Podcast - A podcast by Steps to Investing
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We look at the prospect of inflation this week and speak to broker Panmure Gordon's chief economist, Simon French. Whipping through the basics, we then look to why the expectations of inflation in a post-crisis world are rising; how technology has been the enabler of deflation and what impact this may have given its adoption has accelerated during the crisis; why Simon thinks deflationary forces are more powerful than inflationary forces in the long-run; and the potential effect of inflation on various assets and whether bitcoin could become the new gold.