Churchill later regarded this as the greatest mistake of his life; in discussions at the time with former Chancellor Reginald McKenna, Churchill acknowledged that the return to the gold standard and the resulting 'dear money' policy were economically bad.
Churchill anså siden dette for at være sit livs største fejltagelse; men i samtidige diskussioner med den tidligere finansminister Reginald McKenna indrømmede Churchill at genindførelsen af guldfoden og den heraf følgende pengeknaphed var dårlig for økonomien.