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Word: dollar (lookup in dictionary) (lookup stats)
Dates: during 1970-1979
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Usage:

Personal incomes and corporate profits are both rising, while the dollar totters abroad and stock prices nosedive. One survey shows consumer confidence at a five-year high; another puts it at a two-year...

Author: /time Magazine | Title: Nation: Trying to Build Confidence | 1/30/1978 | See Source »

...public at large as well as to economists and businessmen, the contradictions appear to mirror an equally mixed-up management of the economy by the Carter Administration. Policy zigged from talking up a tough tax reform to abandoning most of it, zagged from professing unconcern about the dollar's slide to intervening actively in currency markets to prop up the greenback. Noting Carter's propensity for listening first to one economic adviser, then to another, Washington wits began quoting, accurately or not, a scathing description of Franklin Roosevelt supposedly offered by Economist John Maynard Keynes: "The President is like...

Author: /time Magazine | Title: Nation: Trying to Build Confidence | 1/30/1978 | See Source »

...anyone else, who persuaded Carter that to try to push a sweeping tax reform program through this session of Congress would only frighten businessmen. It was Blumenthal, too, who decided in December that the time had come to intervene in money markets to halt the disorderly rout of the dollar, and who won Carter's approval to start the program while the President was traveling overseas...

Author: /time Magazine | Title: Nation: Trying to Build Confidence | 1/30/1978 | See Source »

...impact of the dollar crisis and rising interest rates on the stock market has been devastating. The Dow Jones industrial average lost 55 points in the first seven days of trading this year; last week it closed at a 33-month low of 775.73. Many Wall Streeters believe the market is now oversold and some rebound in stock prices can be expected. But if the market is to recover over the long run, the Administration must find a way to restore investor confidence. Warns Mark Collins, vice president of the investment bank of Kidder, Peabody: "The stock market is saying...

Author: /time Magazine | Title: Business: Some Good News on Jobs | 1/23/1978 | See Source »

...dollar terms, the greatest risk rides on The Wiz, which is costing $20 million. The producers, basing the film on the Broadway show, made the characters black. Dorothy sets off for Oz not from the plains of Kansas, but from Harlem. When Diana Ross, who is in her 30s, decided she wanted to play Dorothy, who was a young girl in the original, there was another transmogrification. "Since we decided she's a black adult," says Writer Joel Schumacher, "we couldn't just make her a little jerk...

Author: /time Magazine | Title: Show Business: The Yellow Brick Road to Profit | 1/23/1978 | See Source »

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