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Politics : Formerly About Advanced Micro Devices
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To: HPilot who wrote (843257)3/17/2015 12:19:36 PM
From: combjelly  Read Replies (1) of 1575381
 
Price controls weren't until 1971. Still, you are going to ignore all of the other factors, including the collapse of Bretton Woods and blame the minimum wage on the problems? There were a lot of things going on, most due to "guns and butter" policies during the 1960s to pay for the cost of Vietnam. They basically used a "print and spend" approach to do that. It is related to the "borrow and spend" model used by Reagan, but the ill-effects surface sooner.
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