News

If inflation persists, ... That put an end to a run of policies that had begun in April 1941 with the creation of Franklin D. Roosevelt’s Office of Price Administration and Civilian Supply ...
FRANKLIN D ROOSEVELT: If a vicious spiral of inflation ever gets underway, the whole economic system will stagger. WONG: That's President Franklin D. Roosevelt in 1942. Mobilization for World War ...
Some of the country's wealthiest men – furious with President Franklin D. Roosevelt – decided to install a dictator who was more business friendly, according to the congressional testimony of ...
FRANKLIN D ROOSEVELT: We must fix ceilings on prices and rents. STACEY VANEK SMITH, BYLINE: Shoes, furniture, chicken. Basically, everything in the economy has to stay the same price.
For the first, we return briefly to World War II. U.S. President Franklin Delano Roosevelt’s administration grasped the risk of inflation during this period as the supply of many consumer goods ...
When President Franklin D. Roosevelt signed America’s first federal minimum wage into law in 1938, it was 25 cents per hour. Adjusted for inflation, that would be worth about $4.45 today.
President Franklin D. Roosevelt defined full employment as an economy in which any person who seeks a job can secure one. ... Normally, as the Fed increases interest rates to slow inflation, ...
A disjointed economy was kept from runaway inflation. Franklin Roosevelt set his production sights high, but they were met. There was bumbling, confusion, a spate of name-calling.
Franklin Delano Roosevelt's 1933 presidential inauguration comes during the nation's worst economic crisis: the Great Depression. Banks have failed and savings accounts have been wiped out, so to ...
Inflation is climbing at its highest rate in 40 years. The Federal Reserve has a standard way of dealing with rising prices: raising interest rates. But it hasn't always been that way.