Unfortunately, because this approach fails to deal with the underlying causes of inflation, wage and price controls eventually collapse, the hitherto-repressed inflation resurfaces.

不幸的是，由于这种方法未能解决通胀的根本原因，工资和价格控制最终崩溃，迄今为止受到压制的通胀再次出现。

youdao

Wage and price controls have been in force since 1975.

工资及物价管制已自1975年起实施。

youdao

Most wage and price controls were dropped and the market was opened to some private commerce.

大多数工资和价格管制被放开，同时对部分私人商业开放市场。

youdao

When the Nixon administration imposed wage and price controls, I was a correspondent in Chicago for Business Week magazine.

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The rate of inflation as represented by the CPI slowed in 1972 to 3.2% from 4.3% in part because of wage and price controls, and then rose 5.6% in 1973.

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Things came to a head in July of 1971 when Nixon called a meeting with Shultz and Connally to tell them he indeed decided to close the gold window and impose wage and price controls.

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