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.
