Shadow Monetary Policy Committee

Professor Gordon Pepper CBS specialises in the Liquidity Theory of Asset Prices, money leading to asset-price inflation, financial bubbles, which burst and lead to debt-deflation. In the 1970s and 1980s he was often described as the guru of the gilt-edged market and was responsible for the Greenwell Monetary Bulletins which became one of the most widely read monetary economic publications produced in the UK at the time.