Saturday 19th December 1981
MTFS [Medium Term Financial Strategy]
Indexed Gilts
PM very annoyed that Bank is trying to sell indexed gilts by tender.
PM now convinced that M3 is no good.
Economy: Alan Walters diary (budget) [“PM now convinced that M3 is no good”][released 2012]
| Document type: | Declassified documents |
|---|---|
| Source: | Walters MSS (Churchill Archives Centre): WTRS 3/1/1 |
| Editorial comments: | Read other entries from this diary. View all Walters documents. The original diary can be studied here |
| Importance ranking: | Major |
| Word count: | 28 |
| Themes: | Monetary policy, Public spending & borrowing |