The Mystery of Inflation (2022)
Throughline
00:00
Nixon's Nervous Face Tells You About Price Controls
Richard Nixon once worked for the Office of Price Administration. He claims he left to go join the Navy because he was disgusted by what he perceived to be the subversion of the capitalist system in OPA. When Nixon got out of the Navy in 1946, he immediately ran for Congress. His whole campaign railed against the government interventions in the 1940s. In interventions, he had once been paid to enforce, like price controls, and the OPA. And he wins. Until he's not.
Play episode from 24:18
Transcript
