Inflation and Deficits Threaten Dollar Value
A reader explains how federal deficits fuel inflation through new money creation. Government spending above revenue expands circulating money, lowering purchasing power as banks loan funds and raise interest costs for private borrowers. Tax exempt bonds and state issues divert funds from private enterprise, raising prices and eroding savings. The author urges public activism to curb government growth and protect fixed incomes.
MENTIONED IN THIS ARTICLE
California
Prisvate
Surn
France
Khrushchev Seeks Edge in ICBM Race Beyond Reach
Senate sources reported Khrushchev told Humphrey about Soviet missiles and nuclear plans during a Kremlin meeting. The discussion included a five megaton bomb, a 14,000 kilometer range missile, and hints of halting some weapon production while expanding others. White House officials declined to release details.
MENTIONED IN THIS ARTICLE
Air Force
United States
Senate
Khrushchess
Flunpheev
Minnesota Senane
Eisenhower
Mheushchev
Humphrey
Sile Field
Johannesburg
South Africa
Prograi
Klerksdorp
Washington
Russia
U. S
Nikita Khrushchev
Itias
Hubert Humphrey
D-Avio
Pacific
White House
James C. Hagerty
Tumphrey
Hagerty
Pentagon
Minneapolis
Government
Newsweek Magazine
Newsweek
Humphreev
Kremlin
Khrushchev
Independent newspaper column notes personal opinion stance
A fragmented column by Ly A Collins in Independent newspaper reflects personal views. The readable text mentions Long Beach California, a 1943 adjudication reference, and a delivery price figure but lacks coherent context.
MENTIONED IN THIS ARTICLE
L.A.G
Ly A. Collins
Calumm
Fragmented OCR summary of a price item
Reading shows a damaged line mentioning breakfast BSc and a price of 2.78 dollars. No clear event, person, or organization identifiable.
Also Mentioned on This Page
La.c
America
Bourbon
Carton
Prics
Oo Charter
Haigh
Ressler Aly
Kay
Hee’ Admiral
NASH
Jewelers
Pine Avenue
KAY Jewelers
Dow Ian Sere
Long Beach
KAY Jewelers Vahewoed
Nash Jewelers
Lakewood
Nikita
Humphreys
Fine Ave
Calif
Lana Gench
Superior
H.P
American Motors
Evo
Ilutio
NLITS
Miley
Hurtington Motel
Ocean Blvd
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