Sterling (Purchasing Power)

Part of Oral Answers to Questions — National Finance – in the House of Commons am 12:00 am ar 28 Hydref 1947.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Sir Waldron Smithers Sir Waldron Smithers , Orpington 12:00, 28 Hydref 1947

In view of the fact that the purchasing power of the £ is continually depreciating, will the Chancellor inform the House what is the good of a thousand paper pounds a week if the money is worthless and there is nothing to buy in the shops? That is the position we are facing as a result of the bucket-shop finance of the Government.