An overview of IIMR events over the next few months.
- Our Spring Webinar series will be announced soon.
Inflation - What's to be done?
|Wednesday 26th April|
|13:00-14:00 UK time|
|The Army and Navy Club, 36-39 Pall Mall, London SW1Y5JN|
Professor Tim Congdon CBE
The Rt Hon Jacob Rees Mogg MP
With the cost of living crisis, the public sector strikes and higher wage demands, the policy focus has switched to the value of money. Has the UK money growth been excessive? Has it caused above-target inflation?
On Wednesday 26 April 1 pm – 2 pm, Politeia will be holding a special event to mark the publication of Professor Tim Congdon’s new Politeia pamphlet, Why did inflation take off? And what is to be done about it?. Tim Congdon is Chairman and Founder of The Institute of International Monetary Research at the University of Buckingham. He will discuss The Problem of Inflation - What's to be Done?
Congdon will consider such points as:
The surge in UK money growth to an annual rate of 15.4% in February 2021, the highest number since the 1980s,
The obviousness of forecasts that inflation would then take off to the highest rates since the 1980s,
The inadequacy of the Bank’s cost-accountancy approach to inflation,
The culpability of the Bank of England for today’s inflation problem, and
The proposal that the Open Letter system be strengthened by references to money growth numbers, with commitments to prevent too high and too low money growth.
The Rt Hon Jacob Rees Mogg, who served previously as Secretary of State for Business will also speak and respond.
The event will take place on Wednesday 26 April 1pm-2pm in The Army and Navy Club, 36-39 Pall Mall, St. James's, London SW1Y 5JN. There will be a drinks reception from 12.45pm. If you would like to attend, please respond to this e-mail by writing to email@example.com with your name, position, daytime phone number and organisation, and we shall put you on the list. If you would like to bring a guest, please let us have the name and contact details.