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With the return of inflation, insane gas prices, and Peter Brady, it's started to look like the 1970's revival is almost complete. However, as any cultural historian will attest, no reiteration of ...
Meat prices began to rise in late 1972. The Consumer price index published by the U.S. Bureau of Labor Statistics attributed this price increase to poor weather conditions, which increased the price for grain and animal feed, rising domestic demand, and unusually high export demand for pork due to the dollar devaluation in mid-February. [2]
Ration stamps printed, but not used, as a result of the 1973 oil crisis Rationing is the controlled distribution of scarce resources, goods, or services, or an artificial restriction of demand. Rationing controls the size of the ration, which is one person's allotted portion of the resources being distributed on a particular day or at a ...
Hoping to prevent famine or other crisis, Soviet negotiators worked out a deal to buy grain on credit, but quickly exceeded their credit limit. American negotiators did not realize that both the Soviets and the world grain market had suffered shortfalls, and thus subsidized the purchase, leading it to be dubbed the "Great Grain Robbery".
In this Dec. 23, 1973, file photo, cars line up in two directions at a gas station in New York City. Right-on-red was a gas-savings tool during the 1970s oil crisis.
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The meat caused an unrecorded number of illnesses and death from dysentery and food poisoning, having an especially deadly effect on the thousands already weakened by the epidemics of malaria and yellow fever which were ravaging the unprotected American troops and would eventually kill twice as many men as combat with the Spanish.
According to Boris Yuzhin and Oleg Gordievsky, the KGB abhorred Carter's sanctions. [4] [5] In 1980, according to both Yuzhin and Gordievsky, the KGB ordered its agents to conduct activities that discredited US President Jimmy Carter and supported Ronald Reagan during 1980 election.