Word: avoiding
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Dates: during 1940-1949
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...your issue of Nov. 9 you aim a number of shafts at the Treasury which are well deserved. It is correct, and it is important to realize, that borrowing from the banks is inflationary, that if we are to avoid inflation or serious trouble with price control we must obtain the funds for financing the war either from the proceeds of taxation or from the sale of bonds to income receivers who reduce their consumption to the extent of their bond purchases...
...directly to the Reserve banks would increase the reserves of the member banks, and thus conditions would be created in which it would be possible to raise, rather than lower, required reserve ratios. If this procedure were followed, therefore, we would find ourselves in a much stronger position to avoid trouble after the close of the war. The member banks would not have so large a volume of Government bonds which would cause them trouble if and when bond prices began to decline; and their reserve ratios would be higher, thus reducing greatly the amplitude of fluctuations in their holdings...
...division of the U. S. Bureau, the project is under the direction of Wassily W. Leontief, associate professor of Economics, and was established here at his request to avoid the confusion of a wartime Washington...
...pursuing troops swept into Tobruk, where Imperial troops in 1941 held Rommel off for eight months. Montgomery pushed on. A German news agency reported that Rommel in shirt and shorts, minus his coat and his favorite grey-&-white striped scarf, fled from a field headquarters just in time to avoid capture by British tanks. Arriving at a new base, he cracked (according to Nazi propaganda): "Like Napoleon I lost my equipment but there won't be any Waterloo...
...grimly sunning themselves on the French Riviera, Spain and Portugal faced difficult moments. Last week they were all diplomatic smiles toward the U.S. Replying to President Roosevelt's assurances that the United Nations had no designs on their territory, Spain's Dictator Francisco Franco said he would avoid "anything which might disturb our relations in any of their aspects," and Portugal's President Antonio Oscar de Fragoso Carmona spoke of "unalterable and confident friendship...