Against Inflation: Speeches in the Second Chamber 1965–1977

Front Matter....Pages i-xii
Internal Inflation and the Future Rate of Exchange....Pages 1-6
A Breathing Space and Premature Optimism....Pages 7-11
Fear of Depression in a Period of Overheating....Pages 12-16
Devaluation and the Dangers Ahead....Pages 17-19
The U.S. Deficit and the International Problem....Pages 20-25
Disaster Averted but Apprehensions Continue....Pages 26-29
Lessons from Experience and Warnings for the Future....Pages 30-34
A Fool’s Paradise—the Vulnerability of the Government....Pages 35-40
Collapse of Balance-of-Payments Surplus Predicted....Pages 41-45
Inflation and Unemployment....Pages 46-52
The Floating Pound and the Corrupting Influence of Inflation....Pages 53-59
Reduction of the Rate of Inflation—Essential Desideratum....Pages 60-64
The Conduct of the Credit Base Condemned....Pages 65-69
The Crisis in the Mines and Incomes Policy....Pages 70-74
The Significance of the So-called Social Contract Queried....Pages 75-77
Advocacy of Reflation Absurd with Prices Rising at 20 per cent per annum....Pages 78-83
Pay Restraint and ‘Monetarism’....Pages 84-87
Persistence of Apprehensions and Deficit Financing....Pages 88-92
A Lack of Foreign Confidence....Pages 93-96
The Further Threat to the Pound....Pages 97-100
Assistance from Abroad and Problems Ahead....Pages 101-104
The Threatened Breakdown of Pay Restraint....Pages 105-107
The Revival of Sterling and its Problems....Pages 108-111
Back Matter....Pages 112-115