Show wages wager up prices up inflation Is result if the considered policies of congress to hold the line against inflation are abandoned then higher salaries wll will result in higher rents higher professional fess ional fees all along the line thus stating its position in regard to the little steel formula before tile the national war labor board in washington g general motors corporation asserted that prices and living costs will soar there will be new demands on every purse still higher incomes will be required more wage A age boosts still higher costs resulting wages up then prices up then wages up then prices up in a runaway rise in the cost of living A breakdown of confidence on the part of everybody will result em E n 1 ment and business activity vv will I 1 11 suffer inflation and the most dangerous and unbeatable enemy of all which we must continue to fight even after our military enemies are conquered |