Show The other face Inflation has two faces Americans have seen only one face the smiling countenance of the artificial well-being well that has accompanied government deficits and creeping deterioration of our money The other face prayerfully will never be seen in the U. U S. S That face is presented in the words of ofa ofa ofa a man who lived in Germany during the disastrous ir inflation lation of 1923 Printing of federal money he said was being farmed out because the state presses couldn't keep up with the job Laundry baskets filled with paper money were used to pay payoff off workers and As soon as somebody got his bundle hed he'd rush out to buy whatever he could Anything was more valuable than money Foraging in the countryside became commonplace The railroad stations were jammed with people going out to the peasants to bargain for food To get out of the country even out of life life became became a widespread desire Hopelessness is the word Inflation tion in Germany finally reached a point where it took 42 billion marks to purchase one U U. S. S dollar The end came on the day Germany repudiated the mark As the editor of U. U S. S News World Report comments it was brought down to earth with a thud by stripping off the ciphers and revaluing the mark at 42 to the dollar If you had four billion marks that morning you only had four by sunset In America the inflation breeding policies of government and continual tampering with price controls and other artificial restraints on a free market are bringing this country ever- ever closer to the other face of ir inflation lation |