HC Deb 14 December 1971 vol 828 c37W
27. Mr. Evelyn King

asked the Chancellor of the Exchequer if he will cause to be printed on every pound note a red lettered warning that the value of the note will diminish if wage cost inflation does not cease.

Mr. Higgins

I agree that the danger and full implications of wage cost inflation need to be brought home to everyone, but I do not think this would be an appropriate way of doing so.