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Jimmy Carter - Wikipedia, the free encyclopedia
"James Earl "Jimmy" Carter, Jr. (born October 1, 1924) was the 39th President of the United States (1977-1981) and the Nobel Peace laureate in 2002. Previously, he was the Governor of Georgia (1971-1975). In 1976, Carter won the Democratic nomination as a dark horse candidate, and went on to defeat incumbent Gerald Ford in the close 1976 presidential election. ..." |
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Under the Shadow of Inflationomics, by Hans F. Sennholz, Mises.org Daily Article, 1 Jun 2006
Related Topics: Inflation, George H. W. Bush, George W. Bush, Bill Clinton, Gold Standard, Richard M. Nixon, Ronald W. Reagan
"The Carter Administration's chief economic affliction was rampant inflation and the decline of the dollar's value in relation to that of other major currencies. No matter what it did to assist the dollar, including 'massive intervention' in international currency markets, a quintupling of gold sales, and an increase in the discount rate, inflation rose in each year of the Carter Administration." |
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