Nixon White House Tapes — Conversation 022-016
Date: Friday, March 24, 1972 at 1:28 PM
Participants: Nixon, Richard M. (President); White House operator; Haldeman, H. R. ("Bob")
Recording device: White House Telephone
Source: https://www.easynixon.org/tapes/022-016
National Archives Catalog: https://catalog.archives.gov/id/417192999 (NAID 417192999)

This transcript was generated automatically by AI (WhisperX) and has not been reviewed for accuracy. Do not cite it as authoritative.

[0:01] Yeah.
[0:01] Mr. Haldeman, sir.
[0:03] Yeah.
[0:03] There you are.
[0:04] Hello.
[0:05] Yeah.
[0:05] He says that if you want to take it strong, which he thinks you should, that you should say from the ticker reports you've seen, they say they're doing this in anticipation of increased demand.
[0:17] This is a poor justification for raising rates, that they should wait until the demand develops.
[0:22] We're still concerned about interest rates.
[0:24] We'd like to see them go down instead of up.
[0:27] That's right.
[0:34] Apparently, the statement they put out, they said they were raising the prime rate in anticipation of increased demand.
[0:40] Okay.
[0:40] And he thinks that's not a... they should wait until they get it and then raise it.
[0:48] Good.
[0:49] Okay.