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U.S. Laws Lack National Policy on Price Stability
Sylvia Porter argues no law declares price stability a national goal, though 1946 Employment Act set goals for maximum employment and purchasing power. She notes policy relies on voluntary cooperation, not binding price controls, and calls for a public debate on linking stability to prosperity amid growing economic power.
MENTIONED IN THIS ARTICLE
U.S
Decatur Daily
Congress
Council of Economic Advisers
Sylvia Porter
White House
Federal Reserve System