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Abstract

The Dilemma of Inflation

Sweezy, Paul M. | March 7, 1959 issue

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Public discussion of economic problems and policies in the U.S. is increasingly dominated by the issue of inflation. In a period of thirteen years the U.S. dollar has lost approximately 40 per cent of its purchasing power. Savings accumulated during the war and held in 1945 have lost an average of 47 per cent of their value every year in the intervening period.

See Also:

INFLATION (Finance) -- United States; PURCHASING power; CURRENCY crises; CONSUMPTION (Economics); UNITED States -- Economic conditions -- 1945-1960; UNITED States

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1860s, 1870s, 1880s, 1890s, 1900s, 1910s, 1920s, 1930s, 1940s, 1950s, 1960s, 1970s, 1980s, 1990s, 2000s

H.L. Mencken, "An Eminent American," July 11, 1923.

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