Word: empting
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Dates: during 1980-1989
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...keep credit available by increasing the money supply. The result would be still more inflation. "As a general rule, deficits are by their very nature harmful," says Alan Greenspan, former chief economic adviser to Gerald Ford and now an unofficial adviser to the White House. "Deficits either pre-empt credit available to nongovernmental borrowers or, to prevent that from happening, the Federal Reserve winds up pumping more money into the economy, which causes inflation to rise...
...Lionel Barrymore. Now those were names to conjure with, but others were around. Winston Churchill, bad boy of British politics, had just put out a book titled Amid These Storms about the unhappy drift of the democracies. Adolf Hitler was in the vestibules of German power and would pre-empt the inner sanctum come January of the next year. Joseph Stalin had the Soviet state in the palm of his hand. In sum, all the leaders who would contrive the shape of the midcentury world were now on stage -but little noticed. But the agonized present was enough...
...SALVADOR. The Nicaraguan example directly influenced the coup that last October toppled El Salvador's own dictator, General Carlos Humberto Romero. In a desperate attempt to pre-empt a San-dinista-style revolution-with Washington's encouragement-a group of moderate military officers seized power. Then, in an effort to satisfy peasant expectations and calm labor unrest, the five-man military-civilian junta made its own attempt at reform. It expropriated some large estates and nationalized the core of the country's banking system...