Economy: Alan Walters diary (interest rates) [interest rates tumbling; economists pleased with Walters criticism of Telecom paper][released 2012]
| Document type: | Declassified documents |
|---|---|
| Source: | Walters MSS (Churchill Archives Centre): WTRS3/1/2 |
| Editorial comments: | Read other entries from this diary. View all Walters documents. The original diary can be studied here |
| Importance ranking: | Major |
| Word count: | 82 |
| Themes: | Monetary policy, Public spending & borrowing |
Monday 12th July 1982
Interest rates tumbling - 3 month interbank falls from 13% last Monday to 123/8 today
Saw Michael Beesley - who tells me that economists were very pleased with my rubbishing of the Telecom Cttee Paper but critical issue is multiple use of BT network
Terry
Talked to U. of Southern Mississippi Students
- a waste of time indeed
Dinner with Alfred