1969—Battle Against Inflation
Nineteen sixty-nine has been the fifth year of intensifying inflation. Overall prices, after remaining fairly stable in the early Sixties, rose 1.7 per cent during 1965, 3.5 per cent a year in 1966 and 1967, 4.0 per cent during 1968, and an estimated 5 per cent in 1969. Not since World War II has the American economy experienced such a sustained price upsurge.
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