Word: lende
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Dates: during 1980-1989
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...trend, of course, is benefiting many people. The same consumer who pays high interest on a mortgage or auto loan may well be collecting high interest on a certificate of deposit or an investment in a money market mutual fund. Those who can avoid borrowing and have dollars to lend are reaping a bonanza...
...thing, U.S. law requires banks to keep a portion of their deposits in accounts at the Fed in the form of so-called reserves. By changing what is known as the "reserve requirements," the Reserve Board can determine the amount of money that commercial banks have avail able to lend out to borrowers. On a day-to-day basis, though, the Federal Reserve influences the money supply through "open market operations," or buying and selling Treasury bonds, bills and notes. Whenever the Federal Reserve wants to enlarge the money supply, it buys these securities and pays for them by putting...
Moreover, Frankfurter used the Harvard Law Review to lend credibility to New Deal legislation instigated by his mentor. During the '30s, Brandeis met regularly with Thomas G. Corcoran and Benjamin V. Cohen, F.D.R.'s legislative drafting team. According to Murphy, Together, Corcoran and Cohen drafted Brandeis' proposals into viable legislative acts, while simultaneously acting as Frankfurter's eyes and ears in the capital...
...positions within the national security apparatus. Frank Carlucci, deputy secretary of defense, says flatly: "I think we need to have a warfighting capability (In nuclear arms)." Eugene V. Rotow, a veteran hard-liner who is now director of the Arms Control and Disarmament Agency, expresses views that lend an Orwellian tone to his job little. "We are." he declared on June 1, 1976, "in a pre-war and not a postwar world." So it should come as no surprise that the administration's defense program calls for building 17,000 new nuclear weapons--in addition...
Whether Warsaw is defaulted or continues to pay only interest on its debt, the Polish situation has already had a major impact on Western lending to Eastern Europe. The Communist bloc as a whole owes the West some $70 billion. Aside from extending credit for the Soviet natural gas pipeline, Western lenders have virtually stopped making new loans. That will set back plans to modernize agriculture and other obsolete economic sectors. Said a European banker who refused to lend more money to East Germany: "I told them that I was sorry and hoped to do business with them again...