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The reality is that it takes from 18 months to two years for the increase in the money supply to come through in rip-roaring inflation.
They are guaranteeing rip-roaring inflation as a result of the wage increases that will be conceded and the unemployment that will follow.
If we were to take over now, with an economic system a long way below capacity, we would not envisage a rip-roaring free-for-all, consumption boom.
The weakest members of the community suffer from rip-roaring inflation.
The whole thing may be such a rip-roaring success that the sheer lunar pull of it drags us in.
We succeeded after 1951 in clearing up the rip-roaring inflation, and we intend to succeed equally on this occasion.
There is only one industry which is rip-roaring along at the height of prosperity, and that is the industry of gambling.
All that clearly adds up to a rip-roaring inflation.
If he does not call that rip-roaring inflation, what figure does he need before he calls it that?
Instead, we are faced by rip-roaring inflation, and massive and increasing unemployment.
We really cannot envisage going back to the rip-roaring consumption of motor cars on the home market.
We did not want rip-roaring inflation.
That looks like being a rip-roaring success.
We have got a rip-roaring consumer purchasing spree in this country, and it expresses itself not only in terms of increased wages but also in terms of increased credit facilities.
We have a rip-roaring balance of payments deficit; public sector borrowing is over the top; 4 million people are unemployed; and the economy is in disarray.
