U.K. to See ‘Inflationary Depression’ Post-Pandemic: Skidelsky

The video discusses the economic situation during the pandemic, comparing it to the Great Depression. It highlights the unique combination of inflation and depression, termed 'inflationary depression.' The discussion covers government policies, particularly in the UK, and their impact on the economy. The speaker emphasizes the need for a robust fiscal system and addresses concerns about inflation and how it might be managed. The video concludes with a focus on the potential economic recovery and the challenges of balancing inflation and unemployment.

How should the UK manage its fiscal system post-pandemic to avoid disarray?

What are the potential consequences of government spending during the pandemic?

In what ways could inflation impact the economy as the lockdown ends?