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Courage, patience and political will to defend the dollar
A. F. Burns urges in-depth measures to stabilize the dollar and avert a global economic crisis. Bonn talks loom with Britain’s Healey calling 1978 a watershed as inflation, wage increases, and policy choices threaten the western economy. Carter faces a pivotal summit to restore confidence and curb inflation while preserving growth.
MENTIONED IN THIS ARTICLE
Arthur F. Burns
Federal Reserve System
Orate
United States
Little-Isle
Wall Street
Bonn
Denis Healey
Great Britain
Samuel Brittan
Financial Times of London
Carter
America
Congress
Hitler
Germany
Russia
Lenin
Stalin
Helmut Schmidt
West Germany
Takeo Fukuda
Japan
Valery Giscard d’Estaing
France
U.S
U.S Treasury