The Economy
Sir, —Instead of trying to pinpoint inflation it would be more efficacious if we attacked it with a sledge-ham. mer. Unfortunately, Professor A. J. Danks is an ardent; supporter of free enterprise; and I would not think he! would be very enthusiastic! about this mode of attacking] an insidious blight on our] monetary system. Neverthe-! less. Mr J. G. Barclay is to] be highly commended for hisi acute observations on our! losses on butter shipped toj Britain. He could have mentioned the information in a; box on page 6 of Saturday’s issue which said the naughty] Communists are receiving 2s 5d a pound for rabbit flesh while tender New Zealand lamb rates only about Is 8d in the opinion of British housewives. Inflation is a serious subject. When in Germany, in 1919, I witnessed inflation looting that country peacefully while the popula. tion of unoccupied Germany starved.—Yours, etc., RALPH S. WHEELER. Ttmaru, May 17, 1961.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19610519.2.43.10
Bibliographic details
Press, Volume C, Issue 29517, 19 May 1961, Page 6
Word Count
157The Economy Press, Volume C, Issue 29517, 19 May 1961, Page 6
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in