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President Nixon stepped down from the Office of the Presidency in the wake of impending impeachments. He was going to be impeached for his actions during the campaign that made him the President of the United States.

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9y ago
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11y ago

He implemented what it basically referred to as 'hard line protectionist economics', which in simple terms means that he implemented economic policies that didn't affect the US, but significantly affected countries which traded with the US.

In brief, Nixon on more than one occasion applied food price freezes as well as wage freezes for fixed periods and most significantly applied a 10% import tax to all goods sold in the USA that were manufactured in Another Country. This by proxy boosted the demand/sales of domestic goods by making their price more competitive.

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12y ago

He imposed a short-term freeze on wages, prices, and rents.

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11y ago

By imposing wage and price controls.

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Q: What did Gerald Ford do to try to stop inflation?
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How do you do a water inflation?

Its Simple Just Try To Drink Lots Of Water And Don't Stop. If This Doesn't Work Then Visit Www.Didn'tWork.com


When your country is experiencing inflation the government may try to control it by?

Yes government tries to control the inflation by increasing the supply into the market, this balances the demand supply curve


How did Ford and Carter try to fix economic problems and why didn't their plans work?

Gerald Ford was only President for two years to took over after President Nixon resigned as President on August 9, 1974 until January 1977. He also was only Vice President from 1973 to August 1974 after Spiro Agnew resigned. He faced the OPEC Oil embargo of 1974, which quickly raised the price of oil, gasoline, diesel, and home heating oil. He also was hit with 10% inflation due partly from the removal of the Gold Standard by the Nixon administration in 1971. This removal allowed the private bank known as the Federal Reserve to be able to print as much "paper" money as it deemed necessary, which caused (and causes) inflation (for more on this, see the "Weimar Republic"). He had little time to control the situation; his big speech in October was based on his initiative "Whip Inflation Now." This initiative was to have people grow more food and drive less to try to stop the trend of increasing prices. Another perspective: Jimmy Carter took office as President in January 1977 after defeating President Ford 297 to 241 electoral votes. He was still fighting with oil prices, and his plan was to raise taxes on top income earners to 70%. This caused massive job losses and more inflation. In 1980, inflation was over 20%. Then he had to deal with American ships being pirated and, in 1979, the Iranian Revolution in which Americans were held hostage. He canceled his speech to Congress in March 1980 and later did a speech from the East Room to explain that his $15.8 billion deficit budget "was already obsolete" in only seven weeks. His campaign promises of federal fiscal responsibility were quickly gone.


During Carter's administation how did the government try to fight inflation?

The Federal Reserve began raising interest rates


Is Gold or Platinum the better 'inflation hedge' investment?

Both are good inflation hedges, but I would recommend a basket of commodities to diversify your bet. Try the ETF, PowerShares DB Commodity Idx Trking Fund.

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How do you do a water inflation?

Its Simple Just Try To Drink Lots Of Water And Don't Stop. If This Doesn't Work Then Visit Www.Didn'tWork.com


What us presidents played in the national football league?

President Gerald Ford. Ford chose not to try out, believing there was no future in professional athletics. Instead, upon graduation he became an assistant football coach at Yale University, a job he held until he was admitted to the Yale School of Law.


Who said The government cannot give to anyone anything that it does not first take?

Possibly attributed to a quote by Gerald R. Ford: Gerald R Ford, 38th US President QUOTATION: A government big enough to give you everything you want is a government big enough to take from you...Simpson's Contemporary Quotations 1988 Try Adrian Rogers!!


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If you try to go for the 9 month pregnant look on your first try, yes it is


When your country is experiencing inflation the government may try to control it by?

Yes government tries to control the inflation by increasing the supply into the market, this balances the demand supply curve


At stop 2000 Ford Taurus engine will lope and then die?

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Did who try to stop slavery? Abraham Lincoln


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