Chapter

Taking Aim at Inflation

Yanek Mieczkowski

in Gerald Ford and the Challenges of the 1970s

Published by University Press of Kentucky

Published in print April 2005 | ISBN: 9780813123493
Published online September 2011 | e-ISBN: 9780813134956 | DOI: http://dx.doi.org/10.5810/kentucky/9780813123493.003.0007
Taking Aim at Inflation

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This chapter examines the program launched by former U.S. President Gerald Ford to reduce inflation. It discusses Ford's consolidation of his administration's economic efforts under a new Economic Policy Board (EPB). It suggests that the establishment of the EPB and the rejection of price and wage controls demonstrated the importance of economic policy for Ford and his involvement in it. In addition to the EPB, Ford also hosted economic summit conferences and open discussions among his economic advisers.

Keywords: Gerald Ford; inflation; EPB; price control; wage control; economic policy; economic summits; open discussions; presidents; U.S

Chapter.  3810 words. 

Subjects: History of the Americas

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