Economist Art Laffer explained on Fox Business Monday that tariffs do not drive inflation and said that the economic impact ...

IN its frustrating struggle against inflation, the Nixon Administration has relied almost entirely on classic, conservative weapons. The Government has severely constricted the supply of money and ...

Nixon Taught Us How Not to Fight Inflation. ... President Richard Nixon announced a 90-day freeze on all prices and wages in the U.S. on Aug. 15, 1971. Suddenly and with no warning, ...

Inflation is high. ... Nixon's controls helped hold inflation to 3% in 1972, his reelection year. But if everything came together for Nixon in 1972, it largely fell apart immediately thereafter.

August 15, 1971, was a fateful day in the history of American economic policy: President Richard Nixon imposed far-ranging wage and price controls on the U.S. economy, abolished the fixed exchange ...

Vice President Kamala Harris can't borrow from her failed 2020 presidential campaign, so she's stealing tax policies from former President Donald Trump and price controls from former President ...

Inflation declined as well, mostly because of temporary wage and price controls that Nixon instituted in mid-1971. But the economic troubles that Burns and Friedman hand warned about soon arrived.

Nixon temporarily froze prices in the early 1970s, but that just postponed the pain. When his controls were lifted, prices bounced even higher. Gerald Ford declared inflation "Public Enemy Number ...

Even if oil prices aren't the reason, immigration policy and tariffs create concerns about inflation aside stagnant economic ...

Inflation in the U.S. may seem to be cooling but don’t start celebrating yet. Sure, ... First, in 1971, Richard Nixon cut off the U.S. dollar’s ties to gold, ...

Like Nixon, Harris wants to crush the inflation she created with literal price controls. A version of a Sen. Elizabeth Warren (D-MA)-authored bill that Harris co-sponsored while she was in the ...