Vol. XIV, No. 9 HUMAN EVENTS March 2, 1957 Article Section In this article, James L. Wick, executive publisher of HUMAN EVENTS, shows that the purchase of gold, diamonds, farmland and common stocks as "inflation-hedges" can be grievously disappointing. He also shows that, paradoxically, going heavily into debt, EVEN DURING A SPIRALLING INFLATION, can put the borrower into bankruptcy. Therefore, the pre· vention of inflation is necessary and a course of action is suggested....
