Campaign Statement About Federal Spending.
10/27/1972
https://www.presidency.ucsb.edu...
We are not going to resort to the discredited patent medicine of wage and price controls.
For example, Government regulations often require trucks to run empty.
And therefore, the course of the Federal Reserve, the course it is on, is the necessary route to less inflation and lower interest rates.
We will win the fight against inflation, but we are going to win it not by a single set of dramatic actions, but by the cumulative effect of...