Meg Jacobs
π€ SpeakerAppearances Over Time
Podcast Appearances
People are tired of getting ripped off on food prices.
Speaking directly to the public on the radio during his now-famous fireside chats, President Roosevelt connected the war against inflation with the war against Germany and Japan.
these economic problems at a time like this, when we're all deeply concerned about the news from far distant fields of battle.
But I give you the solemn assurance that failure to solve this problem here at home, and to solve it now, will make more difficult the winnings of this war.
We must fix ceilings on prices and rents.
If my family needs meat, I'm going to get it wherever I can.
Good evening.
This Sunday evening is an appropriate time for us to turn our attention to the challenges of peace.
One of the cruelest legacies of the artificial prosperity produced by war is inflation.
Inflation robs every American, every one of you.
The time has come for decisive action.
action that will break the vicious circle of spiraling prices and costs.
I am today ordering a freeze on all prices and wages throughout the United States for a period of 90 days.
The wage price freeze will not be accompanied by the establishment of a huge price control bureaucracy.
I shall resign the presidency effective at noon tomorrow.
Like a sapling in springtime, our economy sprang back after a long winter and reached for the sun.
This is Okela Mukua.
From Denver, Colorado, you are listening to ThruLine from NPR.
Thank you.
Clearly, wise leadership from the Fed has played a very large role in our strong economy.