The Mystery of Inflation (2022)
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The War on Inflation
The Office of Price Administration was established in 1941 by President Roosevelt's administration. The OPA created set prices for everyday items from nylon stockings, 125 a pair, to milk, 15 cents a quart,. To eggs, 61 cents a dozen. Inflation is caused when people with plenty of cash start bidding against each other for scarce goods and the price goes up.
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