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Work and Save to Cut Living Costs Says Federal Reserve Board Governor
The governor W P Harding told the Banking Committee that working and saving is the path to cheaper living. He argues currency legislation is unnecessary and that credit will adjust as government finances normalize after the war. He cites postwar demand and relaxed wartime economies as drivers of price rises and urges economies to focus on essentials.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
W. P
Marding
United States Senate
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Harding
Ad ‘Vances
Mow Pn