Archive (Walters MSS)

Economy: Alan Walters diary (exchange rate) [Emmanuel Kaye wants a 1931-style devaluation] [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: 33
Themes: Monetary policy, Public spending & borrowing

Wednesday 6th May 1981


Lunch with Sir Emmanuel Kaye- wants a devaluation a la 1931 - but I told him then there was a deflation, not a 10% inflation as today.

Rolf Luders etc. to drinks.