TITLE

How to Control Prices

AUTHOR(S)
Whittlesey, Charles K.
PUB. DATE
April 1942
SOURCE
New Republic;4/20/42, Vol. 106 Issue 16, p534
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Suggests ways in which prices of commodities in the U.S. can be controlled. Impact of the attack on Pearl Harbor on the value of dollar; Difficulties faced in obtaining a satisfactory price-fixing bill; Role of price as a link between supply and demand; Need to have effective control over supply and demand in order to stabilize the price of any commodity; Need to limit expenditures to the amounts of goods available for purchase; Need to direct taxation and borrowing toward potential consumers; Impact of borrowing from banks on demand deposits; Lack of effectiveness of the borrowing policy of the Department of the Treasury; Need to reduce the spread between monetary incomes and the supply of consumable goods.
ACCESSION #
14693027

 

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