Hallgarten & Company's Christopher Ecclestone Shares His Thoughts on Inflation

Christopher Ecclestone's takeaways

• Top takeaway The guest argues that actual inflation is far higher than official figures show, saying politicians and bureaucracies cannot be trusted when they put the rate at 2.5%.
• He describes inflation as very difficult to kill, and traces it to the pandemic period when money was cranked up and pumped straight into economies.
• He calls the view that that liquidity would not create inflation "inflation 101", presenting it as a predictable policy mistake rather than a surprise.
• He backs the argument with what people see on the ground — supermarket prices, renting apartments and buying houses — and notes the public does not believe the official numbers.