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Part of Oral Answers to Questions — Prime Minister – in the House of Commons at 12:00 am on 10th December 1981.

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Photo of Mrs Margaret Thatcher Mrs Margaret Thatcher The Prime Minister, Leader of the Conservative Party 12:00 am, 10th December 1981

I agree with my hon. Friend. Monetarism is not a party political doctrine. If the supply of money exceeds the supply of goods and services there will be inflation.