The Economy

Part of the debate – in the House of Commons at 3:50 pm on 17 November 1983.

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Photo of Mr Terence Higgins Mr Terence Higgins , Worthing 3:50, 17 November 1983

In the past, my right hon. Friend has stressed the importance of changes in the nominal rate of money supply in relation to inflation as the two affect the real money supply. What assumption has been made in preparing the forecast published today about changes in the real money supply over the forecast period?