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Lethbridge Herald Newspaper Archives

- Page 33

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Lethbridge Herald, The (Newspaper) - July 23, 1974, Lethbridge, Alberta juiy THE LETHBHIDQE HERALD New school pierces economic problems EDMONTON Gliener concedes he las a simplistic approach o economics But that's because it is a he says IZZY GLIENER am tired ot being told that economic problems are so complicated the average man can't unders- tand them We've got a man believing he can't un- derstand it and giving up before even trying. is a not an Mr. a local busi- nessman is one of the founders of Alberta's School of Economic Science and Social a non-sectarian adult education in weekly discus- sion sessions the aims to bring its view of economics within reach of the average person The current economic situation is allow- ACORN POOLS NOW AVAILABLE Lethbridge and Southern Alberta Special bonus if ordered before April 15 Put summer fun In your own back yard Do-it-yourself or have It built -either way your ACORN POOL will give years of fun in the sun For more information STANLEY'S DISTRIBUTORS Box Alberta Phone 328-3402 ed ourselves to be bam- boozled by a bunch cf eco- nomic not scien- there are solutions to such problems as inflation. we could maintain some kind of reasonable constant between the amount of dollars in Canada and the amount of goods in we'd have no Too much money Money is merely a medium of but somewhere along the line this fact has become Mr. Gliener said. Countries have created more money than they have and sooner or later this was bound to take a toll may take a few twists and but somebody is eventually go- ing to want the real value and this is at the heart of inflation. The world had more money than which consequently decreased the value of the money. Mr Gliener illustrated his statements with a story. Suppose a truckload of refrigerators crashed on the destroying the load of goods. If you could instantly withdraw the amount of money covering those goods a balance would be main- but this doesn't happen. The would remain in ex- istence and continue to cir- culate Eventually the money would be presented for the but the goods could not be delivered The as a would become vir- tually worthless WE GUARANTEE TO PAY YOU NOTHING... But what you're worth. If you are worth per you will earn it. If you are worth an all expense paid 2 week vacation for two in you will get it. If you are worth the time and we will train give you the excellent tools we have for a real estate sales career. if you are not worth this type of we will give you ___ NOTHING Interested in making what YOU are not what your job is Call today. BLOCK SRC Phone 328-2356 BLOCK BROS. NATIONAL REAL ESTATE SERVICE LTD. T. GRISAK 328-2266 To the price of existing refrigerators is boosted to make up the difference between money and and there you have inflation Price and wage controls will not solve the Mr Ghener said It can only be effective time of emergency and when everybody and even during the Second World when there were such things as rent there was money under the counter. BATTERY You can now rent your bat- tery needs for any seasonal for any 4 month sea- son. EXAMPLE New 12volt New LETHBRIDGE BATTERY CO. Z17-12St.TS..Utttrltoi PtaN 327-5587 FAIRFIELDS REDUCTION SALE SAVE YOURSELF A BUNDLE Special Discounts On All Stock ALL VACUUMS RADAR OVENS FLOOR POLISHERS FLOOR CONDITIONERS HOOVER SPINWASHERS VACUUM CLEANER CORDS SWITCHES ELEMENTS POWER BROOMS FANS HOSES ATTACHMENTS Sliding Discounts On Everything By Quantity HERE ARE JUST THREE EXAMPLES Electric Broom Sunbeam. Reg.39.98 SPECIAL Hoover Upright Vacuum Reg. 79.95 SPECIAL Housemaster By Sanyo Reg. 49.95 SPECIAL QuanlltlM AIRFIELD APPLIANCI HI_____SERVICES LTD. 1244 3rd Ave. S. Phone 327-60701 ;