Description

• The Story of Inflation is a vintage educational comic book published by the Federal Reserve Bank of New York in 1981. Written by Charles Parnow, illustrated by veteran comic artist Al Wenzel, and lettered by Irv Watanabe, this publication uses sequential comic art and accessible allegories (such as comparing economic output to an apple orchard) to explain the complex mechanics of inflation, production limits, resource costs, and monetary policy.

  This original 1981 publication is part of the Federal Reserve Bank of New York’s iconic educational comic series. These booklets were widely distributed to educators and academic institutions, making well-preserved early 1980s copies highly collectible among numismatists, economic history buffs, and ephemera collectors.

  Key Topics Covered:

  • The fundamental causes, roots, and societal impacts of economic inflation

  • Resource limits, diminishing returns, and production cost balances (illustrated via orchard output)

  • Supply and demand dynamics affecting prices and wages

  • Historical Federal Reserve strategies and policy decisions to curb inflation

• Condition: Very Good (Vintage collectible comic booklet in crisp condition; minimal edge wear and slight natural aging to paper stock; clean interior pages with bold full-color printing; no pen marks, tears, or loose pages; binding remains secure)