Available online
Description
Inflation has become one of the major political concerns of most developed countries. What are the causes? What may be the solutions? Looking briefly at the example of the German inflation of 192...2/23, this programmes reveals two views on the subject: one from a Conservative M.P., John Biffen, and one from a Trades Union leader, Clive Jenkins of A.S.T.M.A.S.
Inflation has become one of the major political concerns of most developed countries. What are the causes? What may be the solutions? Looking briefly at the example of the German inflation of 192...2/23, this programmes reveals two views on the subject: one from a Conservative M.P., John Biffen, and one from a Trades Union leader, Clive Jenkins of A.S.T.M.A.S.
| Module code and title: | D101, Making sense of society |
|---|---|
| Item code: | D101; 13 |
| First transmission date: | 15-05-1975 |
| Published: | 1975 |
| Rights Statement: | |
| Restrictions on use: | |
| Duration: | 00:25:00 |
| + Show more... | |
| Producer: | Chris Cuthbertson |
| Contributors: | John Biffen; Clive Jenkins; Malcolm MacDonald |
| Publisher: | BBC Open University |
| Keyword(s): | Causes/solutions; Conservative MP; Developed world; German inflation 1922 - 23; Inflation; Political concern; Trades Union leader |
| Footage description: | Brief sequence on the rate of change of the dollar against the mark in 1922. In a general way MacDonald looks at inflation in Britain since 1960. Various diagrams are shown. He mentions various hedges against inflation. He briefly looks at some possible reasons for inflation - money supply, Government expenditure, rising costs etc. MacDonald introduces the two interviewees, the first is Jenkins who is interviewed by Cuthbertson. Jenkins looks at the effects of costs, such as oil prices and trade union wages spirals. He touches briefly on the question of differentials and answers the question: what would you do as Chancellor? Biffen is interviewed by MacDonald and lays the blame for inflation on money supply and budget deficit. He refutes the idea of cost push inflation. He continues to discuss why he feels control of the money supply is essential, the effects of inflation and the possible future course in Britain. MacDonald sums up on some of the similarities of the two views mentioned in the programme. Credits. |
| Master spool number: | 6HT/71798 |
| Production number: | 6HT71798 |
| Videofinder number: | 1670 |
| Available to public: | no |
