Word: millers
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Dates: during 1970-1979
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...intense the demand for loans becomes, and let interest rates go wherever the market takes them. The board has traditionally resisted that approach out of fear that an abrupt crackdown in an inflationary economy would cause interest rates to leap up so violently as to produce financial chaos. Miller has said that if the board had tried that strategy in 1974 the prime rate would have hit 20%, and "as a former businessman [he was chairman of Textron at the time] I can tell you that such a level of rates would have
Nonetheless, it seems imperative for the Federal Reserve to tighten up by feeding less money into the banks than people want to borrow from them, an effort in which Miller will need Carter's full support. Though the board runs its own show on interest rates and money supply and is not subject to presidential orders, as a practical matter it must try to coordinate its policy with that of the Administration...
...Miller...
...ignored. In the '30s Shaw sang a chant of social significance; the tales are filled with laborers and struggling families indistinguishable from Clifford Odets or Arthur Miller characters. But by the '40s he had found his own voice, a Shavian mix of irony and poignance. Since then the supple prose has been, like Cheever's, dominated by sexual themes and by the attempt to lend common experiences and ordinary people a secular grace...
Exactly one minute later, Keller-Sarmiento copied his own move and sent a high cross to the foot of fellow native South American Mike Mogollon, who blasted it by Tufts netminder Harry Miller to put the Crimson out in front...