Word: glushkov
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Dates: during 1970-1979
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Officially, as the Russians and their East European satellites see it, inflation is a disease unique to capitalism. "With the exception of the war years," triumphs Nikolai Glushkov, chairman of the Soviet State Committee on Prices, "there has never been any inflation in the U.S.S.R., nor does any exist today." Now let us all laugh, comrades. The East bloc, like the West, is suffering a severe dose of rapidly rising consumer prices. It is not called inflation but "an adjustment in the state pricing structure." Inflation by any other name stinks as badly...
...state-controlled press downplayed these boosts and stressed news of simultaneous price cuts. Many were on goods that few people want, like black-and-white TV sets. State Price Chairman Nikolai Glushkov, who, like other party bosses, can shop in special low-price stores, insisted with a straight face that gasoline was raised by popular demand. Russian drivers, he said, complained that they were paying too little compared with the rest of the world...
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