Word: boosted
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Dates: during 1950-1959
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...experts guess that the boliviano's realistic rate will turn out to be 7,000 or 8,000. But the fund cannot cure the causes of the inflation, and the loan was conditioned on an economic house cleaning. Bolivia agreed to: ¶Stop printing new money, and boost taxes to make up the deficit. ¶Freeze all hiring in the mines, and let the payroll drop back through attrition. ¶I Free all currency transactions, -abandoning the absurd official boliviano rate of 190 to the dollar. ¶ Dump price controls and food subsidies, including those in the commissaries...
...offense, Paul Kelley has been a big boost to veterans Bob Cleary and Lyle Guttu and this first line has been the most effective on the squad. Close behind is the sophomore trio of George Higgenbottom, Dick Fischer and Dave Vietze...
...stay in business. Furthermore, the new rate may do as much harm as good. Instead of siphoning money away from businessmen, it may simply dry up completely the market for VA loans, which are still limited to 4½%. The Administration may ask Congress next month for permission to boost VA rates to 5%, but congressional approval is still in doubt...
...that the Government's entire mortgage program should be overhauled. Among the ideas proposed: 1) a central mortgage bank created by the Government, which would operate much as the Federal Reserve does for commercial banking by making rediscount loans to regulate the fluctuating supply of credit; 2) a boost in the buying power of Fannie Mae, the Government's secondary mortgage-buying agency, from the current $1.1 billion to $4.5 billion; 3) more direct loans from VA to home buyers...
...already lofty sights. General Electric Chairman Philip D. Reed, whose company is committed to a $500 million expansion program in the next three years, announced last week that the figure was "very much on the conservative side." As predictions of future markets soar, General Electric may well have to boost its original estimate by a spectacular 40%. Said Reed: "There is no leveling off in the need for capital expenditures, and nothing in the picture to suggest any lessening of pressure for new equipment and facilities...