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National Thrift Week Faces Inflation and Spending Fears
National Thrift Week highlights tension between planned $70 billion annual defense spending and inflation risk. The Treasury reports a surge in cashing old Series E bonds, while savings and thrift are urged as antidotes to inflation. Officials warn that controls could delay inflation relief and worsen shortages.
MENTIONED IN THIS ARTICLE
Sam Dawson
New York
The
Treasury
Federal Reserve Board
Thomas B. McCabe
Herman B. Wells
Indiana University
National Committee
Henry H. Heimann
National Association of Credit Men