Word: breaking
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Dates: during 1970-1979
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...practical aim of these steps is to break the deadly circle in which inflation devalues the dollar, which in turn pushes up the prices of imported goods, which in turn worsens inflation. But like many governmental economic steps, this is also a psychological action designed to show the world that Carter is finally ready to move determinedly against U.S. inflation, which recently hit an annual rate of 10%. Said Carter to a Wall Street crowd, as he stood later in the week beneath a bronze statue of George Washington outside Federal Hall: "I mean business. I do not intend...
Consultant David Grove: "There may be no way to break the back of inflation without recession. We aren't capable of fine tuning." but recession is a serious danger. We may have to accept an interim period of this unpleasantness...
Consultant David Grove: "There may be no way to break the back of inflation with out recession. We aren't capable of fine tuning...
...look at their watches while waiting for a bus. As the needle climbs, the adrenaline begins to flow faster. We fuss with our equipment, checking again the closures on jumpsuits, the buckles on parachute harnesses, the positions of rip cords on the pilot chutes that will deploy canopies and break our headlong fall to earth...
...into the clear, cool sky. Caught in the rushing wind, I do two lazy back loops before settling into a stable, face-to-ground position. My job is easy: merely to float while seven others "fly" to me, the first gripping my wrists, the next two docking between us, breaking our grip and seizing their own. The others come into the circle, one by one, until we are a round, eight-man "star," falling at 120 m.p.h. We hold this for 5 sec., then the eight others fly in, attempting to dock with their hands gripping our ankles, turning...