Word: lumbers
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Dates: during 1970-1979
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...consumers and businessmen continue to step up their buying, growing numbers of key industries are caught in a tidal wave of orders that is clogging production lines and slowing shipments. Such industries as steel, lumber and aluminum are operating at or close to capacity. In addition, more and more manufacturers with available space and equipment are unable to crank up facilities fast enough to meet the torrent of new business. The results are spreading shortages and a sharp upswing in industrial prices. These are classic symptoms of demand-pull inflation, in which too many dollars chasing too few goods...
...relations which the economics lie behind. The film's secondary plot takes up the life of Joe Poulin (Lionel Villeneuve), worker at the asbestos mine, who can take the tension and degradation of his job no longer. He quits, and soon sets out for his old job at a lumber camp. Facing nature alone, unfettered by machinery, he will lead, a romantic spirit would suggest, the rustic existence he is suited for. As he prepares to leave, close-ups of this burly man in a tartan flannel workshirt, his axe once again on his shoulder, alternate with shots...
...hoard scarce supplies of land and such commodities as rice, wool, silk and soybeans. Prices of all these things have risen, and though the trading houses deny the charges, consumer tempers have gone up, too. Recently, carpenters who were laid off because of a lack of lumber demonstrated in Tokyo, brandishing placards that read: DOWN WITH SPECULATING TRADERS...
Indeed there are worrisome signs that the economy is heading into an old-fashioned demand-pull inflation, in which too many dollars chase too few goods. Shortages are now cropping up in a diverse assortment of items including meat, gasoline, lumber, hides, steel, zinc, textiles, electronic components, resins and bearings. When scarcities become widespread, prices are all but impossible to control; historically, in such situations, they have declined only after the onset of a recession. In addition, first-quarter earnings reports issued by major corporations last week showed profit increases over a year earlier ranging from 11% for General Electric...
Sparkling Lumber...