Joseph J. Thorndike examines President Richard Nixon’s “Shock” speech of 1971 that proposed tax cuts, wage freezes, price controls, and suspended the convertibility of the U.S. dollar to gold — all in an effort to fight inflation. – Forbes – Taxes
Joseph J. Thorndike examines President Richard Nixon’s “Shock” speech of 1971 that proposed tax cuts, wage freezes, price controls, and suspended the convertibility of the U.S. dollar to gold — all in an effort to fight inflation. – Forbes – Taxes