Richard Nixon actually said...
On August 15, 1971, I issued Executive Order 11615 establishing a freeze on prices, rents, wages and salaries for a period of 90 days from the date of that order and establishing the Cost of Living Council as the agency with primary responsibility for administering the Economic Stabilization Program.
Context
Executive Order 11695—Further Providing for the Stabilization of the Economy
01/10/1973