Economy: Alan Walters diary (budget) [Pepper-Sprinkel afraid people will keep money and not move into stock markets; we should not join EMS][released 2012]
| Document type: | Declassified documents |
|---|---|
| Source: | Walters MSS (Churchill Archives Centre): WTRS3/1/1 |
| Editorial comments: | Read other entries from this diary. View all Walters documents. The original diary can be studied here |
| Importance ranking: | Major |
| Word count: | 54 |
| Themes: | Monetary policy, Economic, monetary & political union |
Thursday 8th October 1981
Gordon Pepper - Sprinkel believes expectations determine markets - not flows of credit etc. - afraid that people will keep money on deposit and not move into stock markets.
Private secretary lunch
Explain to JH
The