Word: leveler
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...trials would be spared the glare of international publicity. Others wondered whether the Kremlin was deliberately testing the Carter Administration's policy of not linking the Strategic Arms Talks with other events. It seemed certain, in either case, that the trials could not have been scheduled without top-level approval from the Kremlin. Said one State Department aide: "If the Russians wanted to make this difficult, they sure have found...
...costs, for example, do not seem to have decreased under SALT I. And certainly no treaty is better than a bad treaty. Still, it ought to be possible to negotiate an accord, in SALT III or IV, that would stabilize the nuclear balance and provide a high enough level of confidence so that both superpowers could finally brake their strategic arms efforts...
...kind of bankers' bank: it regulates commercial banks that account for more than 70% of all bank deposits, holds the funds that they are required to keep on reserve, clears checks for them. But its most important functions are to determine the supply of money and the level of interest rates?and no questions touch off more disagreement in American policymaking. If the Federal Reserve is not condemned by the AFL-CIO's George Meany for causing unemployment by being too stingy, it is certain to be damned by Economist Milton Friedman for spurring inflation by being too generous...
Unfortunately, the anti-inflationary policy has got off to a stumbling start. In the first regulatory battle, over a proposal by the Occupational Safety and Health Administration to lower the level of cotton dust in mills?a proposal Carter's economic advisers considered too costly?the President gave in to the regulators. The Administration has won a few mostly symbolic pledges from some steel, aluminum-and automakers to limit price rises and executive salary increases. More dangerously, labor has refused to promise wage restraint. Meany calls Bosworth, a prune pleader for a wage hold-down, "that skinny redheaded...
...more to be seen. The less money that banks have to lend, the higher interest rates will rise. The FOMC focuses on the Fed funds rate at which banks lend to each other, targeting its buying and selling to push up or pull down that rate to a desired level. The Fed funds rate influences all other interest rates...