A Joint Resolution to establish the National Commission on Inflation.

[AI summary unavailable — showing source text] Establishes the National Commission on Inflation. Sets forth the duties of the Commission, including the following: (1) to develop and recommend to the President and the Congress policies, mechanisms, and procedures to achieve and maintain stability of prices and costs in a growing economy; (2) to promote the consistency of price and wage policies with fiscal, monetary, international, and other economic policies of the United States; (3) to provide information to the public, agriculture, industry, labor, and State and local governments concerning the need for controlling inflation and encourage and promote voluntary action to that end; (4) to review the programs and activities of Federal departments and agencies and the private sector which may have adverse effects on supply and cause increases in prices and make recommendations for changes to increase supply and restrain prices; (5) to review industrial capacity, demand, and supply in various sectors of the economy, working with the industrial groups concerned and appropriate governmental agencies to encourage price restraint; and (6) to work with labor and management in the various sectors of the economy having special economic p…