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drugs similar to valium In matters of monetary policy, Leigh-Pemberton believed strongly that the defeat of inflation was the Bank’s most vital task. In his valedictory Mansion House speech in 1993, he spoke of his disappointment that the battle was not yet won: neither the use of monetary targets in the early 1980s nor the later use of exchange rate linkages had done the trick. He felt that the best hope for the future lay in pragmatic management by an independent central bank, uncompromised by political objectives.