A plague on both your houses! – The Property Chronicle
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A plague on both your houses!

The Economist

The battle that has raged for many years between the proponents of deflation and inflation has faded into irrelevance as it is increasingly clear that we are going to have both, in swift succession. The deflationists, like Albert Edwards, will claim victory in the current battle, but my sense is that the inflationists will win the war. Meanwhile, like the Montague and Capulet families cursed by Shakespeare’s Mercutio in Romeo and Juliet, this novel plague has enveloped us all. Covid-19 has overturned our sophisticated world and upended our priorities. As a global society, how could we have been so stupid as to neglect our collective human health? 






The Economist

About Peter Warburton

Peter Warburton

Dr Peter Warburton is director of Economic Perspectives Ltd, an international consultancy, and managing director of Halkin Services Ltd. He was economist to Ruffer LLP, an investment management company, for 15 years and spent a similar length of time in the City as economic advisor and UK economist for the investment bank Robert Fleming and at Lehman Brothers. Previously, he was an economic researcher, forecaster and lecturer at the London Business School and what is now the Cass Business School. He published Debt and Delusion in 1999. He has been a member of the IEA’s Shadow Monetary Policy Committee since its inception in 1997. He is a contributor to the Practical History of Financial Markets course run by Didasko, an education company, at Edinburgh University, and teaches occasionally at Cardiff Business School.

Articles by Peter Warburton

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