Word: dollar
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Dates: during 1970-1979
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...second time in a decade, energy scare stories have become the stuff of headlines: motorists who confront the prospect of a summer of gasoline shortages at $1 per gal.; homeowners who have visions of dollar bills fluttering up the chimney every time the oil burner in the basement trips on. Angry and resentful, people are blaming the one institution that not only grows richer every time there is an oil squeeze, but is as close at hand as the nearest service station: the $360 billion-a-year U.S. oil industry...
...companies to raise their prices just as the 13-nation Organization of Petroleum Exporting Countries has raised its own. Companies with big business overseas had certain advantages. Earnings in markets like West Germany, which has no price controls on petroleum products, climbed especially sharply. Also, the recent strengthening dollar against foreign currencies improved the overseas balance sheets of the companies...
Such pricing problems are compounded by the variability in ruble-dollar exchange rates, leading economists to make estimates varying as much as 50%. Such difficulties give little confidence in Soviet defense budget estimates...
...cost-effective precision-guided munitions. Yet the defense budget still shows a greater commitment to these weapons: for example, although Assistant Defense Secretary William Perry portrays "smart" weapons as the most important revolution in military hardware since radar, the budget includes a request for a fourteenth, multi-billion-dollar aircraft carrier...
...printings, and Harcourt Brace Jovanovich, knowing a good thing when they see it, have recently brought out a second volume, beautifully printed as the first and likewise bound in real cloth--quite a tribute these days, especially for stories originally written for an anonymous dirty old man at a dollar a page...