GREAT BRITAIN: The Struthonian Country

An English burglar recently broke into a games manufacturing company and stole a fortune—in fake Monopoly money. The crook's confusion is not as funny as it sounds. So serious is Britain's continuing inflation that the current gibe by critics is that Monopoly pounds may soon be worth as much as the real thing.

Inspired by the early success of U.S. controls, Edward Heath's Conservative government has imposed a variety of price restraints. Even so, food prices have gone up 7.2% since January, and consumer prices as a whole 4.3%. The inflation rate is still 9% per year. To slow it, Heath...

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