The good things of the U.S., the things that gave it the highest standards of living in the world, had gone to war. The luxuries were gone; some necessities were going; days lean as razorbacks were ahead. To share what was left the U.S. had two choices: it could have inflation, or it could fix prices, drain off public purchasing power and try to divide the available goods equally by ration.
Franklin Roosevelt did not want inflation. He hated the very word, refused to use it. To stop it he sent a message to...
To continue reading:
or
Log-In
