Word: beryl
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...money to be siphoned out of the economy (income tax collections grow automatically as pay and profits swell). Shortages of credit and climbing interest rates, in Stein's view, will cool the enthusiasm of businessmen wanting to borrow for further expansion. Perhaps-but meanwhile worries mount. Economist Beryl Sprinkel, an Administration supporter, spoke for many politicians, businessmen and consumers last week when he said, "This is the unhappiest boom I have ever lived through...
...Data Resources Inc. and a member of TIME's Board of Economists, fears that the Fed some time this year may reduce the rate of money increase to 3% or 4%. If that happens, he warns, by 1974 "the Fed will kill the boom." On the other hand, Beryl Sprinkel believes that the rate of money growth this year "will be in the 5% range, which will promote a lesser rate of rise in the gross national product in the latter part of the year than in the first part." Interest rates will probably drift up somewhat, but there...
...Otto Eckstein Alan Greenspan David Grove Walter Heller Robert Nathan Joesph Pachman Beryl Sprinkel G.N.P. $1,262 $1,266 $1,266 $1,267 $1,263 $1,267 $1,267 $1,268 (in billions...
...range of forecasts, ventured at a meeting last week, is surprisingly narrow. Beryl Sprinkel, senior vice president of Chicago's Harris Trust & Savings Bank, foresees the lowest increase: $107 billion. IBM Vice President David Grove is the high man, envisioning a $112 billion advance. Predictions by three economists who run their figures through computers-Democrat Otto Eckstein, Republican Alan Greenspan and Nonpartisan Grove-come out almost identical. They are backed by board members who use, at this early stage in the forecasting season, a "back-of-the-envelope" approach. In percentage terms, the consensus prediction works out to about...
...broadminded, yet capable of tough action where necessary, self-confident, a highly civilized man and a most experienced Minister." Colleagues sometimes joked that "Reggie's only trouble is that he is still in love with his wife," meaning that he had remained more wedded to his wife Beryl, a former dancer and actress, than to his job. But between 1952 and 1964 Maudling held seven ministerial posts, including Chancellor of the Exchequer, and in 1965 he was narrowly defeated by Heath for the party leadership...