Lyndon Johnson actually said...

In the future as in the past, our monetary system must remain flexible, and not be bound by any rigid, mechanical rules.

Presidential Statement No. 2 on Economic Issues: Monetary Policy for Stability and Growth.

10/25/1964

More Lyndon Johnson Quotes

If we fail, we may forfeit our hope for world stability.

If you four fellows would get out of the way, the other six will go over for a touchdown.

When one has heard, one should then see; and when one has seen, one should judge with his own heart.

Our reasons for gratitude are almost without number.