Economy: Alan Walters diary (budget) [Chequers - argued about Monetary Base Control][released 2012]

Document type:	Declassified documents
Source:	Walters MSS (Churchill Archives Centre): WTRS 3/1/1
Editorial comments:	Read other entries from this diary. View all Walters documents. The original diary can be studied here
Importance ranking:	Major
Word count:	58
Themes:	Monetary policy, Public spending & borrowing

Friday 29th May 1981

Cancelled

10.00 - Gathering - [Different pen used from this point] Nuffield College

Checkers [sic: ?Chequers] - argued about MBC [Monetary Base Control] - mainly that (a) it can be controlled (b) it would free our funding policy (we could sell anything to anyone and could follow a minimum cost rule)

Arthur Seldon Dinner