Word: dollar
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Dates: during 1950-1959
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...stabilize your wage costs," says he, "you will lose export orders, lose gold and get unemployment. It is as simple as that. You have the strongest economy in the world, the highest productivity in the world. There will be no need to devalue the dollar as long as you keep your wages geared to productivity...
...Under Secretary of State C. Douglas Dillon, on a flying trip to Europe, preached the need to end European discrimination against the dollar and for prosperous Europe to do its bit elsewhere. The U.S., having donated or lent $75.8 billion to foreign countries since 1945, could not bear the burden alone, nor could any single nation. ¶ Britain's Sir Oliver Franks, onetime ambassador to Washington, and now chairman of Lloyds Bank, coined a vivid, if not quite precise, name for the new need. Instead of a familiar East-West crisis, he talked of a North-South axis, proposed...
Whether the amusement-type machines also will be removed will be decided shortly. The Licensing Board's reason for refusing to reissue licenses was an Internal Revenue tax of $250 on the bino-type machines. A ten dollar tax, however, has been levied on the amusement type...
...table just described, which shows input-output relations in current money values is only the first step of Leonteif's analysis. The second step is to "invert the matrix," producing a table of coefficients that shows the amounts of every other product required to bring into existance a dollar's worth of any given product...
...small-scale table that the Department plans, Mrs. Gilboy pointed out, is not really adequate for an economy as large and diverse as this country's. One with at least 450 industrial sectors is needed. Only the government or large scale industries could afford the million dollar cost of such a project. One reason for the government's lack of enthusiasm seems to be a general fear of "centralized planning...