EASY MONEY LURE
BANGERS OF INFLATION
"Easy money by the printing press is a great temptation in times of crisis," said Sir Harry Lawson, chairman of Perpetual Executors and Trustees* Association of Australia, Limited, at the annual meeting in Melbourne.
Experience of inflation had taught that once the point of adequate control was reached, grave dangers ensued, he said. If that point were passed, it was a quick race down hill—rising costs, vanishing assets, hardship and poverty all round. Easy money might prove a grave danger to the whole community. Doubtless the lesson of experience would be heeded, and principles of sound finance adhered to.
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Bibliographic details
Auckland Star, Volume LXXII, Issue 285, 2 December 1941, Page 3
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105EASY MONEY LURE Auckland Star, Volume LXXII, Issue 285, 2 December 1941, Page 3
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