Word: expanded
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Dates: during 1960-1969
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...forward to some heat. "It'll be good for him," said a member of Nixon's staff. "The trouble with Wally," said another Nixon man, "is that he's never thought about a thing but Alaska." If nothing more, the Senate's hearings should considerably expand Hickel's perspectives...
Money supply-currency, plus checking accounts and time deposits in the nation's 14,000 commercial banks-needs to expand as population and production grow. The Federal Reserve Board controls the expansion, largely by buying or selling Government bonds. In the process, it makes adjustments for peak periods of demand, such as the Christmas shopping season, or times when the Treasury must borrow heavily to finance budget deficits. In addition, the Federal Reserve tries to use its monetary powers to moderate the ups and downs of U.S. business. But Friedman says that the board repeatedly errs in the rate...
...money supply grow at a constant rate of about 5% a year, in line with the real growth of the nation's output of goods and services. An increasing number of experts agree with him. Last summer the congressional Joint Economic Committee urged the Federal Reserve to expand the money supply no less than 2% and no more than 6% a year. Last week 40 out of 71 economists who responded to a survey by a House subcommittee urged the Reserve Board to increase the money stock steadily and moderately. But the Federal Reserve's economists disagreed. Though...
...kingdom of love shall expand. I have loved my body more than anything else. That is why I am identified with and limited by it. With the love that I had given to the body, I will love all those who love me. With the expanded love of those who love me, I will love those who are mine. With the love for myself and the love for my own, I will love those who are strangers. I will use all my love to love those who do not love me, as well as those who love me. I will...
...change in the gold price remains highly unlikely, if only because it would do nothing to solve the basic imbalances in the major nations' currencies and economic policies. But moneymen are talking more and more about the need to revalue many currencies at once and to expand the world's monetary reserves by quickly creating a form of "paper gold," the so-called "Special Drawing Rights." To do this, they may decide to hold the first monetary summit meeting since the existing system was set up in 1944 at Bretton Woods, N.H. More likely, they will take less...