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Occupy Underground

doc03

(36,957 posts)

2. Ford tried the WIN button, it didn't work. Nixon tried the wage and price freeze it

Reply to ck4829 (Original post)

Mon Sep 26, 2022, 08:21 AM

Sep 2022

totally backfired causing shortages of everything. If producers can't make money on a product they don't make it.
What broke inflation was the Fed raising interest rates, that caused by far the worse recession in my lifetime. I was
out of work for 3 1/2 years along with millions of others. But it was followed by years of record growth. I think the
best thing we could do is break our dependance on oil.

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Corporate greed, not wages, is behind inflation. It's time for price controls [View all] ck4829 Sep 2022 OP

Republicans support a free market right up until they can score political points. Probatim Sep 2022 #1

Ford tried the WIN button, it didn't work. Nixon tried the wage and price freeze it doc03 Sep 2022 #2

Why not do both? I_UndergroundPanther Sep 2022 #3