Controlling inflation
Sir: The incisive wit and perception of Your correspondent Anthony Gibbs of Peaslake has once more been displayed in his letter published in January 12 issue.
May I, however, submit that the Wrong of inflation is: a) it erodes standards which centuries of civilisation have sought to establish; b) it breeds greed and self-seeking ambition into a once generous and cultivated race; c) it forces all to work at a nerve cracking rate — or else to sink into debt;
d) eventually it leads to the Weimar situation, when only the most degenerate can ensure that their bellies are replete.
„ Are these not sufficient reasons to fight the sickness of self-indulgence — inflation — which denies the honest Individual the just and secure rewards of his actual labours?
J. R. Pattman Treleath, Peaslake, Nr. Guildford, Surrey
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