March 27, 1949 (vol. 59, iss. 126) • Page Image 4
…OUR THE MICHIGAN DAILY U v V II-1l L1 1, I~lfaw16Va11 Deflation WHILE THE COST of living rages on at gan all time high, and even decent hous- ng remains beyond the reach of millions of .amilies, the American consumer breathless- ly watches reports that the price index is falling. Each time a Washington economist announces an adjustment in comodity costs, the nations journals scream the news across their front pages. "The new era of DEFLAT...…

















































