Welcome to our 250th commentary, produced over these last five years since Share Radio moved to 100% online broadcasting. It's been a period of massive change and increasing clarity on what we need to do to sort out the problems of the world, and we hope these thoughts are making some contribution in that respect. To mark this staging point we thought it might be helpful to set out some of the guiding principles which have steered, and will continue to steer, our comment.
For our full list of commentaries, please visit https://www.shareradio.co.uk/thinkingaloud/newsletters/
Background music: Hovering Thoughts by Spence
The range of major drivers which will steer inflation over the years ahead is wide and diverse, but their duration must be considered as well as their positive or negative impact on rates. For example, the drivers most affected by Putin's war in Ukraine are energy shortages and supply chain disruption, and the threat of de-globalisation in future. These all contribute to higher inflation but it is only a more cautionary approach leading towards de-globalisation which will persist. Meanwhile technology, demographics and a swifter transition to low cost alternative energy will all bear down on price rises. In this commentary we take a look at nine major influences on future rates of inflation, and conclude that central bankers are right to be cautious about chasing after inflation with their interest rate policy.
The contrast in wealth distribution between key regions and countries around the world is as stark as ever. In this commentary, using analysis in the Credit Suisse Global Wealth Databook, we look at the convergence we need to achieve in order to help encourage a more egalitarian form of global capitalism. The music accompanying this episode is The Nexus Riddim by Konrad OldMoney
The existential threat of mutually assured destruction has kept the world safe from nuclear weapons for the past sixty years but, now that balance is being challenged by a combination of insanity and ignorance, it this just leaves us with economic action. Let's make sure that the trade policy of the free world is adjusted accordingly.
Music accompanying this episode is from 'Mad World' by Jennifer Ann.
For the past fifty years, nearly all major conflicts have been driven by economic power granted to tyrants by our dependency on fossil fuels. We must now recognise the awful footprint it has left in terms of human suffering, as well as climate change. The huge rise in fossil fuel prices will bring substantial dividends to those who look for opportunities to invest in the new ways of powering the economy, and could kick-start moves to a safer and cleaner world.
Thousands of podcasts covering politics, economics, philosophy and entertainment, plus unlimited online radio including some great folk music (instrumental) - all free of charge, and practically no ads!