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(Studio) On eve of economy summit, economy adviser Alan Greenspan offers little hope for beating back inflation soon.
REPORTER: Roger Mudd
(Capitol Hill) [GREENSPAN - admits country can't survive very long with 2-digit inflation figures.] [Senator Hubert HUMPHREY - believes American public has right to know facts with regard to inflation.] Greenspan apologizes for lack of clarity in recent remark with regard to inflation and stkbrokers. [GREENSPAN - states poor obviously suffer most from any problem.] President' advisers meet with Ford and say pre-summit economy confs. help calm fears of depression.
REPORTER: Nelson Benton
- Benton, Nelson;
- Mudd, Roger
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