True. The "Winter of Discontent" which got him the boot was due to his introduction of "Monetarism" 📂 Archived Message Posted by Ken Waldron on July 9, 2025, 10:22 pm, in reply to "In all fairness, the Callaghan regime started it....nm" ...that supposed Thatcherite shibboleth. The real cause of the inflation ailment which this quack cure was supposed to fix was not as it claimed high wage rises ("blame the workers...") but mostly the steep rise in world oil prices. The Thatcherite "saving of the nation" was not a consequence of Monetarism but due to the rise of North Sea Oil production. Message Thread: Norman Tebbit has been reunited with his close friend Margaret Thatcher… in Hell - Keith-264 July 8, 2025, 6:30 pm In all fairness, the Callaghan regime started it....nm - Keith-264 July 9, 2025, 9:21 am True. The "Winter of Discontent" which got him the boot was due to his introduction of "Monetarism" - Ken Waldron July 9, 2025, 10:22 pm Re: True. The "Winter of Discontent" which got him the boot was due to his introduction of "Monetarism" - Keith-264 July 9, 2025, 10:27 pm « Index   Searching