Professor Brigitte Granville discusses inflation on the BBC World Service

Is inflation still public enemy number one? For most of us it simply means price rises, but is there a positive side to this one-time economic bogeyman? Professor Granville discusses inflation, as part of the promotion of her new book Remembering Inflation, in the BBC World Service program In The Balance. The programme is presented by Manuela Saragosa, and other guests include Mohamed El Erian, CEO of the global investment company PIMCO, and Jeffrey Frankel, Harvard professor in International Finance and Macroeconomics and previously a member of President Clinton’s Council of Economic Advisers.

Click here to the listen to the programme.