GIMMS London Event – Friday, January 26, 2024

As I previously indicated I am returning to Europe and the UK in a few weeks for the first time since the Covid pandemic began. I will provide further details in due course, but for now, here is a link to the first event I will be speaking at in London on Friday, January 26, 2024 that is organised by the wonderful women from GIMMS. See over for details and how you can get tickets to the event.

GIMMS Event

There has been a major policy experiment conducted in the last few years which seems to have escaped the attention of the media and commentators.

It is very rare that we have the chance to compare two diametrically opposed approaches to a global problem that has impacted on all nations.

But since 2021, most central banks have significantly increased interest rates to, in their view, combat the inflationary pressures that emerged.

These nations have also tightened fiscal policy to, allegedly, ‘support’ the anti-inflationary stance of their central banks. Japan, in contradistinction has held interest rates constant while also increasing their fiscal policy stimulus to help households and firms deal with the rising cost-of-living pressures.

The nations that implemented contractionary policies not only misunderstood the nature of the inflationary pressures, but also demonstrated the poverty of the mainstream policy approach.

In this talk, I discuss the reasons the mainstream approach failed and why it is unfit for purpose.

Date and time: Friday, January 26, 2024 from 13:00.

Location: Unite, 128 Theobalds Road London WC1X 8TN United Kingdom

The organisers at GIMMS note that they would ask that people assemble from 13.00 onwards for a prompt 13.30 start to make the most of this important opportunity.

Coffee and cake will be available in the break which will be followed by a Q&A session.

Ticket link: https://www.eventbrite.co.uk/e/gimms-event-professor-bill-mitchell-tickets-788915095287

I receive no payment for this event.

I hope to see all the gang there and I would hope you will wear masks at the event to protect yourself and those around you.