Economy: Alan Walters diary (monetary reform, spending) [Bauer thinks spending out of control - Walters finds no counter-argument; Sparrow thinks monetary reform going ok] [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: | 71 |
| Themes: | Monetary policy, Privatized & state industries, Transport |
Friday 12th June 1981
Nasty reference in The Economist to a rare burst of effectiveness on Rail Elect
Monetary reform going ok according to Sparrow - interest rate movements were right.
PT Bauer in evening - discussed govt. spending. He clearly thinks it is quite out of control and I have no counter argument. It is. He thinks student grants and AID are prime targets.