Managing Public Money

Helping public sector managers get value for money from their budgets

Blog | Managing Public Money | financial management training for public sector and charity managers

A blog about public financial management: the fine art of managing public money to deliver vital services to the public. It involves budgeting, accounting, controlling, auditing, reporting, policy-making and decision-taking.

November 29, 2011

What causes inflation?

November 29, 2011/ Gary Bandy

The day that the Chancellor caps public sector pay whilst prices rise for all manner of commodities seems like a good day to think about what causes those prices to rise in the first place. I'm not an economist so I'm not as well placed to explain this as many. But this article by John Harvey that I found on the Forbes website does a very good job indeed.