HC Deb 21 July 1975 vol 896 c35W
Mr. Budgen

asked the Chancellor of the Exchequer to what extent it is the Government's policy to aim for a slower growth in the money supply than was previously allowed for, in the light of the proposals in Command Paper No. 6151.

Mr. Dell

That White Paper restated the Government's intention to keep the growth of money supply under firm control. The counter-inflation policy both makes it desirable to have a lower rate of growth of the money supply than would otherwise have been the case, and helps to bring it about.