In what ways did Nixon try to remedy the economic state of stagflation?

Answer 1

I was wondering what president Nixon did to try to halt the inflation plaguing of this country?

I was wondering what president Nixon did to try to halt the inflation plaguing of this country?

Answer 2

During the economic state of stagflation in America Nixon was serving as the president. In an attempt to remedy the economic problems that were occurring and secure the economy Nixon used his powers to put a 90 day hold on wages and price increases, he decreased the money supply available in the country, and he raised interest rates on loans.

Answer 3

President Nixon caused inflation to increase. It was brought into acceptable limits with the acceleration of the military. It is during war that the unemployment curve and the inflation curve meet at the lowest possible level.

Answer 4

richard-nixonresponse to Staginflation was imposition of incomes-policy

Answer 5

He died.