Inflation pros and cons for different classes
This piece argues which groups gain or lose from inflation, noting debtors, farmers, manufacturers, retailers, and common stockholders may benefit, while creditors and white collar workers face harm. It also discusses government finances and dual effects for banks and investors, concluding with caveats about practical overlaps and special cases. Second in a three part series by Frank E. Seidman.
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Frank E. Seidman
Price rise aids 10 large hosiery producers
New York May 6. After a long declining market the silk price rise favors large hosiery mills over small producers. Large mills hold raw silk stocks and delay price hikes while small mills face higher costs. experts say capital and long range buying benefit the big mills as retailers lag and seasonal lull nears. July 4th anecdote about Abraham Lincoln closing line.
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