International Economic Affairs

Former Prime Minister Thatcher spoke on the future of international monetary policies before the Economic Club of New York during her visit… read more

Former Prime Minister Thatcher spoke on the future of international monetary policies before the Economic Club of New York during her visit to the United States. Former Prime Minister Thatcher resigned her office in 1990 following a national uproar over the “poll” tax, which levied funds from every citizen in Great Britain at a flat rate regardless of their wealth or lack thereof. In her remarks before the club, she discussed the trade cycle, which she said was a permanent feature of the international economy. She criticized attempts to alleviate low points in the trade cycle by monetary manipulation, saying such tactics would cause deeper recessions. She criticized the European Economic Community’s plans for unification of currency and monetary policy, saying Great Britain’s Parliament had always handled its monetary policy, and should continue to do so. She went on to discuss the reasons for the current recession, and predicted the U.S. would remain enforcer of U.N. resolutions using political, economic, and military means, as long as it had the backing of its allies. Following her prepared remarks, former Prime Minister Thatcher responded to questions from the audience. close

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International Economic Affairs

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Program ID:
18493-1
Category:
Public Affairs Event
Format:
Speech
Location:
New York, New York, United States
First Aired:
Jun 19, 1991
Last Aired:
Jun 23, 1991

Airing Details

  • Jun 19, 1991 | 9:58pm EDT | C-SPAN 1
  • Jun 20, 1991 | 1:10am EDT | C-SPAN 1
  • Jun 20, 1991 | 3:25am EDT | C-SPAN 2
  • Jun 20, 1991 | 9:01am EDT | C-SPAN 2
  • Jun 21, 1991 | 6:15pm EDT | C-SPAN 2
  • Jun 23, 1991 | 5:55am EDT | C-SPAN 2
  • Jun 23, 1991 | 11:35am EDT | C-SPAN 1
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