INGRAINED PESSIMISTS
pome people haYe become such ingrained pessimists that they riefUse to be cheered hy any turn of events, says the "DoIriinion.,', They are insisting now that wo oi; butter-and cheese have not reaily, rise.n, b^t'that- the pound sterling has fajlen! |n a sense that is true but it would have been just as true to say* wheii* d'eflation was operating' tha't wboi; fori instancA, had not fa|len; it was mCrely that the value '.o| jhp poufid Was beising! Such a "coritentibrt, hhd it heen made; " would no| have cbmfofted ;the farmer. It was n'b" dqnsolhtion* ior' rSeeiMrijj f ewer pbiiriSs to learri they were "worth" more, ' eSpedially as " Most' ofi" his costs were fixed. ThOsO" payments are still Ifxgc! 6% pricds will iethW tbe faririqr mo'rq mqney tb/set againdt them ajfii he/is.ndtfiikely ±o xl "wpfgy as 'tb %Kether it/is" his j>rodupe w| thaf tbas , nppir e^ia^eh or fiibreiy tMat the pound has depreciateh, * * '
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Bibliographic details
Rotorua Morning Post, Volume 1, Issue 36, 5 October 1931, Page 2
Word Count
155INGRAINED PESSIMISTS Rotorua Morning Post, Volume 1, Issue 36, 5 October 1931, Page 2
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