Kage Kaisen
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Kage Kaisen
Kage Kaisen Revival!

January 19th 2010, 6:45 pm by Kensei

.SITE RENOVATION.

To all our members,

I (Kensei), have decided to renovate the site, which has remained dead since our head Administrator, Baraku, went absent. There will be a new set of rules, a new skin, new profile formats...

Basically, we're starting the site over.

But don't be alarmed. For those of you who choose to return, you will not have to rewrite your application, or change it to the present system. Your applications are still there, resting in the Filing Cabinet -- feel free and ask the Staff to repost it if it has already been approved, or ask them to read over the application and approve it, then move it to the Approved sub-boards.

If you do not wish to roleplay on the site any longer, or the renovation does not appeal to you, all you have to do is tell the Staff in a PM ; your account will be removed without any questions.

We apologize for any inconveniences, and thank you all for your patience and cooperation.

Your loving (new) head Admin,
Kensei


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the Price Commission set a 2.5% ann

Kage Kaisen :: Quincy :: Woods

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the Price Commission set a 2.5% ann Empty the Price Commission set a 2.5% ann

Post by lynk2510 March 24th 2011, 10:13 am


In 1970, the Democratic Congress passed the Economic Stabilization Act, giving Nixon power to set wages and prices; Congress did not believe the president would use the new controls and felt this would make him appear to be indecisive.[93] While opposed to permanent wage and price controls,[94] Nixon imposed the controls on a temporary basis[95] in a 90 day wage and price freeze.[96] The controls (enforced for large corporations, voluntary for others) were the largest since World War II; they were relaxed after the initial 90 days.[97] Nixon then spoke to the American public, saying that by "Working together, we will break the back of inflation."[98]
A Pay Board set wage controls limiting increases to 5.5% per year, and the Price Commission set a 2.5% annual limit on price increases.[99] The limits did help to control wages, but not inflation.[100] Overall, however, the controls were viewed as successful in the short term[1

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Kage Kaisen :: Quincy :: Woods

 
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