The Newburyport Anti-Inflation Plan - UI #188
In 1947, Newburyport, MA came up with a plan to fight runaway inflation. Did it work?
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Show Notes
Inflation in the United States hit 20% shortly after World War II. The government couldn’t get it under control, so the businessmen of Newburyport, Massachusetts came up with their own plan. Soon, other towns and cities were doing the same. Did it work? Could it work today? Listen to find out.
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