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Inflation is at a 30 year high. David Aaronovitch looks back to the 1970s when prices - and wages - soared. Are we returning to those times and how worried should we be? Joining him in The Briefing Room are:\nStephanie Flanders, Head of Bloomberg Economics.\nMerryn Somerset Webb, editor-in-chief, Moneyweek.\nTorsten Bell, chief executive, The Resolution Foundation. \nDuncan Weldon, economist and author of "Two Hundred Years of Muddling Through" and "The Value Added Newsletter".

Producers: Kirsteen Knight, Ben Henderson and Rosamund Jones\nStudio manager: Neil Churchill\nProduction co-ordinators: Sophie Hill and Siobhan Reed\nEditor: Richard Vadon