Inflation, Bank Credit, and the Government Debt
The Marriner S. Eccles Document Collection
Confidential memo regarding efforts to finance government spending generated during World War II and to manage inflation; topics covered include war financing policies, expansion of bank credit, decline in long-term yields, and the FOMC's Four-Point Plan.
Kennedy, David M.? and Piser, Leroy M.?, 1946, Inflation, Bank Credit, and the Government Debt, from The Marriner S. Eccles Document Collection, accessed May 23, 2013 from FRASER, http://fraser.stlouisfed.org/docs/historical/eccles/070_10_0009.pdf