On the record
Overproduction, underproduction and speculation are three evil sisters who distill the troubles of unsound inflation and disastrous deflation.
Source
gutenberg.orgFDR: “Overproduction, underproduction and speculation are three evil sisters who distill the troubles of unsound inflation and…”
Editor's note · Context
Roosevelt metaphorically describes overproduction, underproduction, and speculation as intertwined issues affecting the economy.
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