Word: inflationitis
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
With that, "Balaguer launched into the first public details of his program to rebuild the tired, war-shattered nation. "The first step in this direction," he said, "must consist of an austerity policy which will act not as a bomb, but as a scalpel upon the ulcers that must be...
Next day, as if to prove his point, the Seamen's Union executive council, non-Communists all, voted an end to the 45-day-old strike that had idled 26,000 seamen, tied up some 900 ships, and may already have cost the British economy perhaps as much as...
Raising interest rates is the bankers' way of fighting inflation by rationing funds, the supply of which has been increasing rapidly this year-but not nearly so fast as the demand for money in the exuberant economy. Accordingly, the increase surprised neither bankers, brokers nor Washington. The prime-rate...
Behind all the squabbling stands the awkward fact that a rapid rise in interest rates-the classic but imperfect monetary weapon against inflation-hurts some segments of the economy (such as savings institutions and housing) but leaves others (such as banks and industry) relatively unscathed. Partly for this reason, there...
Lackadaisical Management. The im mediate reason for the newest pound crisis was a rumor that the British sea men's strike was about to produce an inflationary pay increase. In addition, Britain has been hurt because other countries have lately battled inflation by boosting their interest rates, thereby drawing...