Rather than deflating the economy, Nixon took America off the gold standard in 1971 and imposed wage, price, and import controls, proclaiming bluntly, “I am now a Keynesian in economics.”
Než aby ekonomiku vehnal do deflace, Nixon v roce 1971 Ameriku vyvázal ze zlatého standardu a zavedl regulaci mezd, cen a dovozu a bez obalu prohlásil: „V ekonomice jsem teď keynesiánec.“