Orders of the Day — Economic Situation

Part of the debate – in the House of Commons at 12:00 am on 22 November 1967.

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Photo of Mr Anthony Barber Mr Anthony Barber , Altrincham and Sale 12:00, 22 November 1967

I will answer. We are not in favour of devaluation, for this simple reason. The right hon. Gentleman told the House this afternoon that there are two alternatives. He said: either devaluation or deflation and borrowing.