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The 1976 IMF debacle in the UK was a defining moment when the promotion of full employment ended. Fundamentally though it was a political mistake by people who didn’t understand that floating the UK pound fundamentally changed how it behaved.... New WaylandUK Borrowed Foreign Currency from the IMF in 1976NeilW
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The 1976 IMF debacle in the UK was a defining moment when the promotion of full employment ended. Fundamentally though it was a political mistake by people who didn’t understand that floating the UK pound fundamentally changed how it behaved.... New WaylandUK Borrowed Foreign Currency from the IMF in 1976NeilW
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Mike Norman considers the following as important:
This could be interesting, too:
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The 1976 IMF debacle in the UK was a defining moment when the promotion of full employment ended. Fundamentally though it was a political mistake by people who didn’t understand that floating the UK pound fundamentally changed how it behaved....New Wayland
UK Borrowed Foreign Currency from the IMF in 1976
NeilW