Word: consumerization
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Three-Way Attack. Then the President switched themes. He proposed an assault on the inflationary spiral from three sides. To relieve the inflationary pressure of too much loose cash, he asked that consumer credit controls (abandoned Nov. 1) be restored, that speculation on the commodity exchanges be limited, and that...
In addition, the group asked Congress to "contain inflationary forces" by restricting consumer credit, regulating exports, and promoting confidence in the American dollar.
consumer credit, regulating exports, and promoting confidence in the American dollar.
Mr. Truman's program is one that will be support by the people only if they rise above themselves and their special interests, even as the President rose above the ordinary level of political life in presenting the program. He offered a multiplicity of proposals which included: 1) consumer rationing...
His program is a well integrated, closely knit unit. Taken as a whole it would work for the best interest of that amorphous character, the consumer. It would promote that ubiquitous concept, the public good. If it is pressured into oblivion, even more drastic measures may be required at some...