Inflation in One Easy Lesson
For Christmas, my daughter gave me the pamphlet “Inflation in One Easy Lesson,” by Harry Scherman. (Yes, I am that typecast that my daughter gives me inflation memorabilia for Christmas!) It was written during World War II, and distributed by the Council for Democracy. It is so delightfully simple and direct, and makes the main point so obvious, that I want to share it. It also happens to be, given the current war against Iran, somewhat timely. Here is the cover:
I scanned the whole pamphlet into a pdf, after ascertaining with some confidence that the pamphlet is no longer under copyright as there is no sign the copyright was renewed after the initial period of protection. If you believe yourself to hold a copyright on this material, please contact me at inflationguy@enduringinvestments.com and I will remove the post.
Here is the 22-page pamphlet. Frankly the pictures are wonderful by themselves, even without the text!
