Vol. XIV, No. 9
March 2, 1957
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....