Word: interest
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Dates: during 1970-1979
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...Interest rates will continue to climb for several more months and then begin to decline rather substantially...
Reasoned a senior Administration official: "Why should we hurt ourselves by stopping our efforts to enhance our now normal relationship with China? Let's not be so hysterical about this that we do things that endanger our interest." Said one Sino-Soviet expert: "Secretly, I revel in this sort of thing. Of course, there are hazards in it; there is the danger that the war could upset the stability of the entire region. But from a strictly hardheaded standpoint, the best thing might be that there is no outcome to the Sino-Vietnamese-Soviet conflict, that they all sort...
...must be very clear about where our true interests lie. In Iran, our interest is to see its people independent, able to develop according to their own design, free from outside interference. In Southeast Asia, our interest is to promote peace and the withdrawal of outside forces, and not to become embroiled in conflict among Asian Communist nations. And, in general, our interest is to promote the health and the development of individual societies, not to a pattern cut exactly like ours in the U.S., but tailored rather to the hopes and the needs of the peoples involved...
...much belabored and quite real self-absorption of the '70s implies, by definition, a corollary lack of interest in children. There are many forms of narcissism, of course; one of the lesser arguments of militant non-propagationists has been that children are an ego trip, begotten for the pleasure of watching one's own little clone toddle around. But today having children often seems to have been trivialized to the status of a life-style -and an unacceptable one. The obsession with being young and staying young has led to the phenomenon of almost permanently deferred adulthood...
...economy drifts down, the present extremely strong hunger for consumer, mortgage and corporate credit will also ease, causing interest rates to fall. The prime rate on loans to big companies should move down from a peak of 12½% this spring to 9½% a year from now. The general lessening of demand should make a dent in inflation. TIME'S economists expect consumer prices, which surged 9% last year, to go up 8.3% this year and 6.8% in 1980. That certainly would not amount to victory over inflation, but at least the trend would be favorable...