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Thursday, 18 October 1973
Page: 2346

Dr J F, CAIRNS (LALOR, VICTORIA) (Minister for Overseas Trade) - Well, 25 years- but it looks longer.- 1 know how well the right honourable gentleman has been brought up on the theory of neo-classical economics. I know how completely he subscribes to the theory that if one wants to draw off surplus money or surplus liquidity one increases the interest rate. I have heard him say it a dozen times from this dispatch box. I will not take any notice of a man who changes his expression merely because he changes his place in the House. I do not think that point needs any further attention.

Mr McMahon - It does, because you do not know what you are talking about.

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