"The Challenge of Inflation"
Magazine article
By: Howard Buffett
Date: March 28, 1959
Source: Buffett, Howard. "The Challenge of Inflation." National Review 6, no. 22, March 28, 1959, 613, 616.
About the Author: Howard Buffett (1903–1964), a staunchly conservative Republican Party political activist, served in the U.S. House of Representatives from 1943 to 1949 and again from 1951 to 1953. He wrote and spoke frequently about fiscal matters, including the dangers of inflation.
Introduction
The consistent reliability of a nation's currency is a cornerstone of social, political, and economic stability. When a nation's currency is undermined by inflation it could potentially lead to the unraveling of the institutions that hold society together. Inflation refers to an increase in the cost of goods and services in a society, causing a decrease in the purchasing power of a given currency....
[The entire page is 1506 words long]
1950's Business and the Economy Primary Sources
The 1950's: Primary Sources
