Word: diem
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Dates: during 1970-1979
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...keep large portions of land worked by their tenants. When Thieu wanted to stem inflation, he felt that the only way to do so was by going over the heads of the elected lawmakers. Accordingly, he invoked a law left over from the days of the autocratic Ngo Dinh Diem to decree a massive austerity program that sought to soak up cash surpluses by sharply increasing taxes. Honda motorcycles quickly leaped in price from $200 to $400 and American cigarettes from $2.10 to $2.80 a carton...