§ 74. Mr. Lipson
asked the Chancellor of the Exchequer if, for the guidance of the public, he will indicate in greater detail than hitherto what forms of expenditure have a strong inflationary tendency.
§ Sir S. Cripps
No. It is impossible to define for different individuals what form of expenditure is necessary but all unnecessary expenditure is to be avoided and the consequent savings should be invested in national savings.