Denis Healey on impact of inflation

Title

Denis Healey on impact of inflation

Genre

Speech

TX Date

20 Oct 1978

Year of production

1978

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Duration

00:02:20

Description

Chancellor of the Exchequer, Denis Healey speaks on the negative impact of inflation. Healey claims that rising inflation leads to an increase in imports and a fall in exports and also contributes to unemployment. He says depreciation is not a good alternative, and inflation cuts investment in other areas.

Contributors

Denis Healey

Keywords

Government; Wages; Imports; Exports; Inflation; Economics; Economic systems; Public expenditure; Workers; Counter-inflation policy

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