Word: overstay
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Dates: during 1950-1959
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...determined to keep credit tight come what may. Only a fortnight ago Chairman Martin preached harshly about inevitable declines (TIME, Nov. 18). As it turned out, says Martin, "I talked too long"-meaning he may have laid it on too thick. Now Martin, who is no man to overstay the market, finally agreed with many businessmen that the risks of deflation outweigh the problems of inflation. He wants the U.S. to understand that just as the Federal Reserve carefully-and correctly-set out to pinch the inflationary bubble off the boom, so it also stands ready to ease credit...