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Too Many Rubles Chasing Too Little Butter and Meat
Khrushchev cites inflation in the Soviet Union while Western economists question the explanation. He says wage and pension boosts caused ruble surplus but critics note poor agricultural output and weapon spending. In the United States, inflation worries center on wage price dynamics and stock market volatility. In Miami, Russell E. Scofield, 58, longtime advertising director for the Miami News, died of a heart attack.
MENTIONED IN THIS ARTICLE
United States
Soviet Union
Treasury
Khrushchev
Scofield
The
Miami News
National Advertisers Executives Association
Miami
Lexington
Herald-Leader