Show POPPER EXPLAINS INFLATION Popper can you explain inflation inflation tion so I can understand it iU Dont bother me now son Im I'm too busy How long will you be busy popper popper popper pop pop- per Ill always be too busy when anybody anybody any any- anybody body wants me to explain inflation Voice from Mother Mother fAw MAw go goon goon goon on and help Junior out lies lie's got rot to write a school essa essay Well ahem sonny its it's like this ahem inflation means a condition condition condition condi condi- tion under which the dollar will be worth less But it will still be a dollar wont won't it Yes A dollar bill will still be a dollar bill bill but it wont won't be the dollar dollar dol dol- lar mar that we used to know What I mean is that while a dollar may still be a dollar strictly speaking its value as a dollar will not be the same value as it would have been if 11 there had been no change in values ahem Is that quite clear to you No Is it to you No Lets Let's try it a different way Let us take meat for example Take a bill Now let us assume that this will buy a stack of steaks I piled up 45 feet in the air Got that Forty five dollars will buy steaks piled up how high popper No Now take your time Weve We've got ot our steaks piled plied up 45 feet And right now we can buy them for the bill What hundred dollar bill bilI popper Shush I Now then comes In In- What happens what Im I'm asking popper popper popper pop pop- per Well we suddenly look around and find that while the steak pile is still 45 feet high the bill has shrunk down to Huh No that's wrong Lets Let's make it easier The bill is still O. O K but the steaks have changed In fact the pile is now only 20 feet high See Is that in regular steak or hamburger hamburger hamburger ham ham- burger popper Any steak I dont don't even have to use steak in this story I could use eggs or liver or even codfish cakes I could make it just justas as clear if I used a suit of clothes a new tie a pair of shoes or a bi bi- bi- bi cycle Lets do it with codfish cakes and bicycles popper Why III 1 l be more fun Voice from fram Mother Gee Mother Gee Clinton Clinton Clin Clin- ton ton think youre you're explaining it to Junior very simply Very well Now lissen son Let Letus Letus Letus us take house paint Today 25 will get me enough paint to paint our garage two coats We haven't any garage Dont interrupt Lets Let's paint it anyhow Comes inflation and what happens if we want to paint it a year from now Twenty-five Twenty dollars will only buy enough to paint threes three I sides and only one coat Do you see what happens Yes We write Mr lr Roosevelt and he be paints the other side at government expense popper But what CAUSES in inflation atlon h TIlE THE SMITHY ne Beside ide the tie empty u used ed car marThe mart marl The village tillage smithy stands The smith it is mighty ty glad of 01 heart hear For business still till expands The busy forge lorge he engineers engineer Is I. like his heart aglow aglow- This man has waited wailed fifty filly years yean To say ay I told you so Gerald in the N. N Y Times lie He hears a motor and its noise Comes to him from afar It passes and he be says Look boys It IS a motorcar Then on onto once e again his sledge he swings And says as well he may I 1 knew when I 1 first saw them things They wasn't here to stay High heeled shoes are to be discontinued discontinued dis dis- dis continued for the duration to save leather News leather News item Wanna bet Merrill Chilcote says tayi there here cant can be bean beany beany an any manpower shortage hortage All AU those f fellows who have been standing around excavations watching foundations for lor new buildings building laid cant can't be working indoors he says ay TilE THE HOARDER AT HOME Our tables table's getting bare you bet Though good food I demand My ly wife says its it's too early yet yetTo yetTo yetTo To open food she's canned Merrill 1 Chilcote The has frozen all canned sauerkraut until April 1943 News News item Ima Dodo it Is terribly upset She says ay cold sauerkraut is i. awful And what she's he afraid of 01 Is that ha it may nay now be turned out ou in flavors lavo in sauerkraut u tones cones |