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Nixon Peacetime Wage and Price Controls 1971

President Nixon's institution of peacetime wage and price controls in the United States, including a 90-day freeze and subsequent phased guidelines, as part of the New Economic Policy to address inflation and economic instability.

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What price controls did Nixon enact

President the most sweeping peacetime wage and price controls in history on August 15, 1971: a 90‑day freeze on wages and prices followed by a system of administered controls enforced by new boards an...