TITLE

A Time Of Wild Gyrations Inflation shakes markets, thins paychecks, angers voters

PUB. DATE
April 1980
SOURCE
Time;
SOURCE TYPE
DOC. TYPE
Article
ABSTRACT
The article reports on the affect of rise in inflation on the U.S. markets, salaries and voters. The rise in inflation has shaken up the U.S. commodity and stock market and has led to a 7.3 percent decrease in the workers purchasing power. Inflation has not only affected the market but had an adverse affect on the U.S. president Jimmy Carter's reputation as the voters are angered by the rise in inflation and all the blame is put in the hands of Carter.
ACCESSION #
54217940

 

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