NBC Evening News for Tuesday, Dec 14, 1971
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(DC) United States excesses of last 30 years paved way for dollar devaluation. 1940 dollar said now worth 35.; effect of 3 wars on credit noted. Huge US mil. establishment, foreign aid after World War II with unions' power to force wage increases noted as other reasons for unofficial dollar devaluation.
REPORTER: David Brinkley
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