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The time has come to speak out. Britain is now locked in a vicious spiralling interest rates... The net result of completing the vicious circle is th… - Edward Heath
" "The time has come to speak out. Britain is now locked in a vicious spiralling interest rates... The net result of completing the vicious circle is that prices have increased, the rate of inflation has gone up, the money supply has increased, unemployment has gone up, the rate of bankruptcies has increased, the industrial base has been further eroded, the Government's borrowing requirement has increased and as a result there is more pressure to raise interest rates yet again, to be followed inevitably by the same vicious circle. It is this that must be broken.
English
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About Edward Heath
Sir Edward Richard George Heath KG MBE (9 July 1916 – 17 July 2005) was a British politician who served as Prime Minister of the United Kingdom from 1970 to 1974 and Leader of the Conservative Party from 1965 to 1975. Heath also served for 51 years as a Member of Parliament from 1950 to 2001.
Also Known As
Alternative Names:
Teddy
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Ted Heath
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Sir Edward Richard George Heath
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Additional quotes by Edward Heath
Do we have the courage to forget the dissensions and the suspicions that have divided us, and to learn to work together for lasting peace and prosperity, not just for our country but for a continent? Do we have the wisdom to achieve by construction and cooperation what Napoleon and Hitler failed to achieve by destruction and by conquest? ... Let us all recognise the opportunity that is now presented to us for what it is: the chance to unite Western Europe.
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