RT @oldtrotter: @KnightRustyArm @Gilesyb Crudely the problem was the incompatibility between the post war commitment to full employment and…
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@KnightRustyArm @Gilesyb Crudely the problem was the incompatibility between the post war commitment to full employment and a fixed exchange rate. That had been revealed in 1949 and would be revealed again in 1967. Discussed at length here https://t.co/Gn8
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What would it look like if Liz and Kwasi were around in 1949? https://t.co/TYZoe1gDQ6
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"The Risks to Sterling from the UK General Election" https://t.co/Ff4rFEgJTF Gavin Davies asks. Can't help but be reminded of certain earlier sterling crises: https://t.co/YKkn3kecPT