Submitted by AlxIp t3_xx9y4v in nottheonion
Khemith t1_irbiwwj wrote
Reply to comment by pookshuman in Belarus Leader Bans Price Rises to Tackle Inflation by AlxIp
Nixon did it and it worked. Know your history.
pookshuman t1_irbjtwe wrote
Are you talking about his 90 day stabilization program?
MagicPeacockSpider t1_irbq1mr wrote
Yes they appear to be.
Very similar outlook here too.
A supply crisis disrupting the market. Price controls as an emergency temporary measure.
Huge political success and only a recession as a result. Basic right wing and republican economic playbook.
pookshuman t1_irbr2hg wrote
exactly ... the 70s were not a big success story economically, so I am not sure what his point was
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