Episode
The Stagflation Panic Is Wrong — Here's What's Really Happening
- Published
- Apr 10, 2026
- Duration seconds
- 2757
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Summary
Everyone is screaming stagflation. Neil Woodford thinks they are wrong. In this episode, we walk through four structural deflationary forces — in goods, services, energy and labour — that were pushing prices down before the Iran war and have not been reversed by it. Plus: what it means for your mortgage, gilts and savings, and our update on the Iran war scenarios.