• U.S.

INFLATION: Happy as Kids

1 minute read
TIME

Said a Bankers Life Co. magazine ad a few months ago: “How you can become financially independent. Mary and I did . . . we’re living on a life-income of $150 a month.” Last week the company bowed to the high prices of the times. Said the ads: “Mary and I did it . . . we’re happy as kids on a life income of $200 a month.”

More Must-Reads from TIME

Contact us at letters@time.com