Is there an inflation crisis coming?
March 12, 2026
1 hr 3 min
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Episode 262 · March 12, 2026
Is there an inflation crisis coming?
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Political Currency Episodes Around March 12, 2026
Episode 260 of 291 — walk the feed in the order it was published.
1:03:33This episodeIs there an inflation crisis coming?
Summary
<p>After weeks of speculation we finally saw the first release of the files concerning Peter Mandelson’s appointment and sacking as US Ambassador. Ed Balls and George Osborne delve into the revelations within the files, and whether any of the new information damages the government or prime minister. Was there a smoking gun in the files? Is the worst information now out there? Or, are there more damaging revelations to come?</p><br /><p>Then, they return to the Iran conflict and reassess what Trump’s strategy is. Can he declare victory now and avoid risking his reputation? Or has this war created problems he can’t outrun? They also discuss the emerging energy crisis, and whether central banks should cut, hold, or raise interest rates in light of the conflict. </p><br /><p>Finally, with Tony Blair saying the government should have followed America into Iran, Gordon Brown weighing in on Mandelson, and Boris Johnson pushing for boots on the ground in Ukraine, we’ve seen an increasing number of interventions by ex-PMs. Is this a new trend? If so, what are these ex-PMs hoping to achieve? How effective are their interventions in shifting government policy?</p><br /><p>We love hearing from you, so please don’t forget to send all your EMQs to questions@politicalcurrency and make sure to include a voice note of your question.</p><br /><p>This podcast is sponsored by Chip. Join 400,000 customers building long term wealth. Also Chip have agreed that just for our listeners, for your first £10,000 deposited into Chip before midnight 20 March 2026, they’ll give you a Fortnum & Mason hamper after holding it for 90 days - just head to getchip.uk/politicalcurrency.</p><br /><p><em>T&Cs apply, you must be a new Chip customer, over 18, a UK tax resident, and it’s app only. Chip is a trading name of Chip Financial Limited. Savings products are provided by Clearbank and are protected up to the FSCS limit. When investing, your capital is at risk.</em></p><br /><p>Thanks for listening. To get episodes early and ad- free join Political Currency Gold or our Kitchen Cabinet. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today:</p><br /><p>👉 <a href="http://patreon.com/politicalcurrency" rel="noopener noreferrer" target="_blank">patreon.com/politicalcurrency</a></p><p>👉 <a href="https://podcasts.apple.com/ng/podcast/political-currency/id1706536336" rel="noopener noreferrer" target="_blank">Apple Podcasts</a></p><br /><p>Please note: Kitchen Cabinet is only available via Patreon.</p><br /><p>Credits:</p><br /><p>Research: Sam Burton</p><p>Production: Caillin McDaid & Richard Attley </p><p>Video Editor: Avi Asher</p><p>Executive Producer: Ellie Clifford</p><br /><p>Political Currency is a Persephonica Production and is part of the Acast Creator Network.</p><hr /><p style="color: grey; font-size: 0.75em;"> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color: grey;" target="_blank">acast.com/privacy</a> for more information.</p>