Word: inflationists
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Dates: during 1950-1959
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...Noting declines in industrial expansion rates and stock-market prices in the U.S., Sweden's Per Jacobsson, managing director of the International Monetary Fund, told the World Bank-IMF conference that the U.S. "has arrested its inflation" (see BUSINESS). And Harvard Economics Professor Sumner H. Slichter, a "limited inflationist," noted critically that in putting "stability ahead of growth," the Eisenhower Administration had made "the most important economic decision since the Roosevelt Administration decided to aid workers in bargaining with employers...
JOSEPH MORRELL DODGE, 62, to be Director of the Budget. Detroit's distinguished banker, a stubborn anti-inflationist, an adviser on postwar monetary problems in Germany and Japan, Dodge has been Dwight Eisenhower's personal budget "observer" in Washington (TIME, Dec. 1). As budget director, he will sit in at presidential Cabinet meetings, report directly to Eisenhower...