Answer :
It was the problem of inflation. Inflation is the rate at which the general level of costs for merchandise and ventures is rising and, thus, the acquiring energy of the cash is falling. National banks endeavor to point of confinement swelling and stay away from emptying, to keep the economy running easily.
Inflation is the thing that plagued President Ford's administration. Inflation was in the double digits during his time in the office. Unemployment was rising to fast and the gross national product was on a fast decline. President Ford was ridiculed when he proposed the WIN plan.
