Part of Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 2 December 1947.
Sir Stafford Cripps
, Bristol East
12:00,
2 December 1947
It is quite impossible to state what the purchasing power is, unless we know on what the money is to be spent. Some foodstuffs, for example, are at prewar prices. If it is spent on those, then the purchasing power is the same as in 1939. Other articles are more expensive.