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Harold Wilson

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From now on, the pound abroad is worth 14 per cent or so less in terms of other currencies. That doesn't mean, of course, that the Pound here in Britain, in your pocket or purse or in your bank, has been devalued.
--
Televised speech, November 19, 1967 following the devaluation of the Pound Sterling. Usually remembered as "the Pound in your pocket".

 
Harold Wilson

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