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Phase IV Clearly a Compromise Phase IV Clearly a Compromise
Nixon pursues Phase IV a mixed inflation plan balancing tighter controls and slower easing. It lifts some sectors from regulation August 12 while keeping others, with staged post freeze price adjustments and stricter reporting on price changes, aiming for a selective industry approach. Rents remain exempt from control.
MENTIONED IN THIS ARTICLE
Roberts
Boyd Knight
Washington
Nixon
Treasury
George Shultz
Shules