go ahead and pin itBidencrimefamily » 18 Aug 2024, 10:14 am » wrote: ↑ All
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Nixon issued Executive Order 11615 (pursuant to the Economic Stabilization Act of 1970), imposing a 90-day freeze on wages and prices in order to counter inflation. This was the first time the U.S. government had enacted wage and price controls since World War II.
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Nixon shock - Wikipedia