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THE BATTLE AGAINST INFLATION
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American asked assets AT&T bankers bankruptcy began billion bond plan boom borrow brokers budget called cars cents certificates of deposit city banks collapse commercial banks commercial paper consumer corporations crisis currencies customers decline deficit deflation depositors deposits depression dollar Dow Jones economy Electric eurodollar expected Fannie Mae federal funds Federal Reserve giant manufacturers going gold government securities graph Harry Schultz hot money illiquid industrial inflation institutions insurance companies interest rates inventories investment investors long-term look losses manufacturers ment Merrill Lynch money market money panic Montgomery Ward months mortgages Motors Nixon Penn Central percent predict President production profits rally ratio real estate recession savings and loans sell Sewell Avery short-term debt short-term liquidity stock market sumer there's thing tion trading Treasury bills Wall Street What's York