Consumers are already imposing stern discipline in markets where sellers have not begun to adapt their pricing to the new, less-inflationary conditions of the economy.
Richard Nixon: “Consumers are already imposing stern discipline in markets where sellers have not begun to adapt their pricing to the…”
On the recordJanuary 31, 1971
Source
presidency.ucsb.eduEditor's note · Context
Annual Message to the Congress: The Economic Report of the President
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