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138. Memorandum From the President’s Assistant for National Security Affairs ( Brzezinski ) to President Carter

crease at all” would worsen inflation and unemployment and decrease investor confidence, thereby jeopardizing growth and affecting OPEC in the long run. Finally, Vance said that the United States had conveyed the same concerns to Iran, Saudi Arabia, Nigeria, Algeria, and Indonesia. A summary of the meeting is in telegram 11456 from Caracas, November 25. (National Archives, RG 59, Central Foreign Policy Files, D770438–0145) A copy of Carter ’s letter to Pérez is in Carter Library, National Security Affairs, Brzezinski Material, President’s Correspondence with Foreign Leaders File. See also foot…

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