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Where the Road Leads.

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  • Additional Information
    • Subject Terms:
      UNITED States
    • Abstract:
      The article focuses on a controlled inflation policy planned by the U.S. to improve its economy. It discusses the farm relief bill that has granted sufficient powers to U.S. President Franklin D. Roosevelt. The bill proposed credit inflation by Federal Reserve bank through its open market operations. The other provision grants president the power to issue 3 billion treasury notes. It discusses the government's policy of advancing commodity prices and its influence on business.