Word: dollarses
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Dates: during 1950-1959
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Sahara oil, inextricably tied up with peace in Algeria, is more than an investment of half a billion dollars for France--it is the keystone of the policy of grandeur that de Gaulle is attempting to follow. With this oil, France is at last independent of the distasteful Nasser and...
"The Air Force is faced with certain budgetary limitations which will require drastic and perhaps unpalatable decisions," LeMay told the air reservists. "These decisions must be made with one purpose in mind-to produce the greatest combat capability within the dollars and resources available. As weapons complexities continue to increase...
All told, 108,000 individuals and organizations bought nearly half of the $2 billion issue. Only 26.6% went to commercial banks; thus Treasury officials were highly pleased that most of the issue was kept out of the commercial banking system, which pays for Government securities with newly created dollars. The...
A return to the gold standard would probably have to be accompanied by a price hike in gold to provide more adequate backing for the vast expansion of money and credit in the last few decades. Some economists who do not advocate a return to the gold standard nonetheless want...
He drove right into a million dollars when he began trading in oil leases, was wiped out in 1921, when oil prices tumbled, made another fortune and went broke again early in the Depression, when overproduction in the East Texas fields brought posted prices down to 10? a barrel. He...