Which Way This Time? (1940s)

The film discusses the historical impact of price controls during wars in the United States, highlighting the consequences of inadequate controls during conflicts such as the Napoleonic Wars, the Civil War, and World War I, which led to inflation, deflation, and economic depression. It contrasts these experiences with the effective price and rent controls established during World War II, emphasizing the importance of public cooperation in maintaining these controls to prevent economic instability. The narrative concludes with a call to action for citizens to support price control measures to ensure a stable economy and high standard of living.

Keywords
price controls, inflation, deflation, economic depression, World War I, World War II, public cooperation, historical lessons, economic stability

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