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When is inflation coming down with Oliver Rust at Truflation
Manage episode 372209379 series 2888103
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Today my special guest is Oliver Rust, Business Development at Truflation.
If you haven’t heard of Truflation you’re in for a treat. Truflation effectively scrapes the internet for prices on a daily basis and comes up with their own version of what they think is happening in the REAL world in inflation and prices. And the difference between their view and the official CPI version of inflation is striking.
In this investigation of past, present and future inflation, Oliver and I discuss:
• What Truflation is and what the key problems are it is trying to solve.
• The factors behind the UK’s continually high inflation rates.
• The differences between UK and US expenditure and how these have affected the UK’s significantly higher inflation rates than the US.
• The impact of technology, globalisation and population growth on inflation: these factors have kept inflation relatively under control since the 1980s, so why have they stopped now?
• China’s energy production and consumption and its impact on global prices and inflation rates.
Make you don’t miss the last 5 minutes where Oliver discusses the future of Truflation, including investigations of the core leading indicators of inflation and expansion into other European and global markets. He even hints at positive news about the future of UK inflation rates… If that’s not worth sticking around for I am not sure what is!
If you are interested in finding out more about Truflation, click on the link below to explore the website:
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