Nixon White House Tapes — Conversation 270-009 Date: Tuesday, August 3, 1971 at 4:50 PM Participants: Nixon, Richard M. (President); Shultz, George P. Recording device: Old Executive Office Building Source: https://www.easynixon.org/tapes/270-009 This transcript was generated automatically by AI (WhisperX) and has not been reviewed for accuracy. Do not cite it as authoritative. [34:59] George, what, if you were to answer a question on the safety of the Republican Corps, that's a positive point. [35:08] Everybody is being made to know what's going on. [35:30] For those people, to be honest with you, I don't have any. [35:36] They don't have any strong fears. [35:41] They are strong. [35:42] Okay, good. [35:44] Yes, they retail certainly strong. [35:47] Right. [35:49] Good. [35:50] Housing strong. [35:51] That's right. [36:00] Yeah. [36:00] Yeah. [36:59] Also, if we get a... say it goes up to six, then that's our problem. [37:40] Now, uh, you can also read the information. [37:44] I guess the... the SEP, the rate of inflation is slower than... from 5.5 in 1973, from 9 in the first month of 1970. [37:58] Well, I don't know. [37:59] I don't know. [38:00] I don't know. [38:02] Yeah. [38:02] Weird, huh? [38:13] That's up there. [38:14] Well, that's not that now. [39:26] Yeah, yeah. [39:27] Right, right, right. [39:28] Okay. [39:29] Good. [39:29] And if you get that, figure out what you want to do next. [39:33] Okay, okay.