Word: inflationitis
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Dates: during 1960-1969
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Television, which once seemed a magic carpet to elective office, seems to have lost some of its talismanic quality, and is least effective in local races. More than ever, the ingredients of political success are charisma, stamina-and lucre. Indeed, whether or not inflation proves a telling issue with the...
Severest Control. To Harold Wilson there seemed no alternative. During Labor's two years in office, wages of British workers rose 21 times faster than productivity. It was the continuation of a decade-old trend that has priced many British goods out of the world market, brought inflation at...
Wall Street's dominant bears have greatly accelerated their short-selling. They are obviously hedging against any and every dire possibility - higher taxes, tighter money, rougher inflation. Though the U.S. Labor Department reported last week that wholesale prices stayed stable in September for the first time in six months...
"There are those who feel that practices have grown soft; there has been inflation, and there should be a return to parity," Whitla said.
Government has taken thumbs-in-thedike measures against inflation. Finance Minister Anne Vondeling's newest budget calls for cutbacks on outlays for housing, defense and the age-old battle against the sea that the Dutch refer to as "water control." The government has also speeded up tax collections, raised...