THE BUDGET AND THE BUST.

Focuses on the budget presented by U.S. President Ronald Reagan for the current year and the response of people towards it. Opposition of the conservative economists of the American Enterprise Institute and liberal co-religionists to the budget; Problems related to deficits that are projected in the budget; Observation that a deficit financed by money creation will have persistent inflationary consequences; Effect of recession on spending and prices; Continuation of the monetary policy will have a deeply damaging effect on the international financial system.