President Nixon
Can We Whip Inflation Now?
Read the full article: http://www.contrarianprofits.com/articles/whip-inflation-now...
Nixon and his advisors thought inflation at 4% was serious enough to institute price controls. Headline inflation in the US is now 4.2%. What kind of economic policy should we pursue to bring inflation back into the Fed's comfort zone of 1-2%? Would it work and would it be worth the pain?
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