HC Deb 12 December 1973 vol 866 c163W
Mr. Powell

asked the Chancellor of the Exchequer at what rates of expansion of money and credit he now aims as compatible with the sustainable growth in the economy.

Mr. Nott

Numerical targets for the rates of expansion of money and credit are not published, as this would militate against the flexible use of monetary policy. The policy will be geared to the needs of the situation, and will change as those needs change.