Word: instead
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Dates: during 1970-1979
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Graham redrafted the bill, redefining "elderly" to include people 60 years of age or over, instead...
...They have the highest family income in the nation. More important, they have worked hard for their wealth and do not want to waste it on tinsel. Says Frankfurt: "The maturity market is careful in spending its money. This is a market that wants to be told facts instead of buried in gimmicks. You can't put something over on these people...
...danger was that OPEC'S big depositors would grow wary about the stability of the world's banking system, perhaps even calling into question the value of money itself. A number of OPEC nations might even decide that it was wiser to keep oil in the ground instead of pumping up so much of it in exchange for mere paper. At the moment that Banisadr was posturing, U.S. Treasury Secretary G. William Miller was jetting to Saudi Arabia, to try to persuade Persian Gulf leaders not to cut their oil production in the months ahead. He also wanted...
Iran has been trying to induce other members of the OPEC cartel to refuse payment for oil in dollars and instead to demand a "basket" of other currencies, presumably West German marks, Swiss and French francs, and Japanese yen. In fact, there is not nearly enough of these currencies available to pay for the huge oil transactions, and European and Japanese governments would wind up unavoidably having to expand their money supplies in a most inflationary way to accommodate the deals. Fortunately, the Saudis and other oil producers plan to continue accepting dollars. To ban them would cause...
Grossman hires young, hungry executives and believes in giving them the opportunity to fail. Only if they are willing to take chances, he feels, will they produce ideas. "I cannot ever remember telling a manager, 'Now, you can't do this.' Instead, I might say, 'If I were doing it, I wouldn't do it your way. But I do not believe that there is just one right way to do something.' " There are times-not many-when a Gelco manager takes a risk and flops...