Show Sees j Inflation Danger Postmaster Fears Such Action by U. U S. S I I I Would V Result Like Germanys Germany's I II I ani a against inflation Postmaster John said In discussing the possibility of such action being Ing taken by the federal government Fear that the United States would find Itself itsel In the same condition Germany did when it tried Inflation was expressed by Mr If we inflate we are Me going to find ourselves hard pressed ho he said Perhaps Ps we vc v would not experience e that pressure during the actual period of the inflation but immediately following following fol fol- fol lowing it most of ofus ofus us lIS would find our our- 5 elves es in a s state te of 4 bankruptcy A lot lotof r of f us would go out M 5 and md nd have a good S. S time Lime and then find findS S balloon had busied'S busted busied S 'S S I y as as it did during S f J thc the stock market c J k crash rash in 1929 S y 4 t Anything that a the people get in inS S way ay of or money must mustS S bc c backed by some some- S. S thing 4 worth while f he he said If there S 5 were means of or controlling con con- 1 t ti trolling Inflation the he would favor its adoption Mr Mel Mc Me- l Mr r. r l Phee said But who Is Is going to control It he tic declared must be definite I am satisfied get anywhere unless a standardization standardization standard standard- iz Uon of or values for forthe the entire world Naturally to effect this we must must get get together with the other nations and standardize the monetary system Characterizing inflation by means of oC flat fiat money as like going on a vacation vacation vaca vaca- tion and then cO coming ning home for a rest Mr said the use of fiat mone money would ruin the nation and plunge it ita in ina a worse condition than the pres present nt one |