Word: inflowing
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Because most investment firms operate with private, transitory financing, an inflow of permanent capital would stabilize the business and afford more protection to investors. Wall Street is being forced toward public ownership by changing ground rules in the securities market. Increased competition caused by the shift to negotiated rates is an inducement for more firms to get into profitable big-block trading. But the firms normally have to buy these blocks before they can sell them among investors, and this requires considerable capital. In addition, the New York Stock Exchange is planning to tighten its capital requirements; instead...
...sharp recovery and are no longer bargains. Thus, investors are now moving into less stable issues; potentially dangerous speculation is on the rise. Small investors continue to shy away from the market, and institutions remain by far the big buyers. They are pouring more of their daily cash inflow into the market than at any time in the past two years...
...presence, says the study, that they have a powerful vested interest in continuing the combat. In part their dependence stems from a highly unusual method chosen by U.S. policymakers to control South Viet Nam's inflation. To siphon off the excess buying power that resulted from the huge inflow of dollars, the U.S. directed much of its aid toward financing massive imports of luxury goods-thus increasing supply to match demand. The bank points out that Vietnamese businessmen make "quick and exorbitant profits" by securing import permits and selling foreign goods at outrageous markups. Bureaucrats collect bribes for dispensing...
...speculators-during a single day. This process is inflationary, because the foreign currency paid out for the dollars adds to the money supply in the country that does the buying. - Foreign governments can allow the price of their own currencies to rise, usually by formal revaluation. That reduces the inflow of unwanted dollars, but a revaluing country must resign itself to seeing its export prices go up. Even so. West Germany revalued the mark last year, and Canada is currently letting the price of its dollar rise in relatively free trading. Some European central bankers foresee a series of upward...
...defensive, and the aggressive kind practiced in Ethiopa (or Vietnam). I don't see any Cuban planes zooming in and dropping bombs on weaker countries. With all the commando raids and sabotage and one abortive Cuban invasion to our credit, with the threats of future actions, with the inflow of CIA agents onto the island, talk of militarism seems like a classic case of projection. The simple fact is that Cuba faces war with the United States. With the world's biggest military machine laying Asian countries flat and giving military aid ?? Haiti, Brazil, and Greece, scare stories about Cuban...