“It seems to me that the German people can - pointedly - tolerate 5 percent price increase better than 5 percent unemployment.”

—  Helmut Schmidt

Interview with Helmut Schmidt on the 27. July 1972 in Bonn, partly printed in the Süddeutsche Zeitung of 28. July 1972 (nr. 171), p. 8

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Helmut Schmidt 22
Chancellor of West Germany 1974-1982 1918–2015

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