Word: price
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Dates: during 1990-1999
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...fine and thoughtful young man who has paid a considerable price for his convictions," he said. "But one of his more important decisions is also the one that led him to Harvard, that learning and education have the greatest of value...
President George Bush could build an awesome multilateral coalition for going to war with Saddam Hussein, but he didn?t know the price of milk. That was the story of the 1992 presidential campaign, in which Bill Clinton sold himself to America as a candidate focused exclusively on domestic policy...
...heavy price for all their hideous crimes...
This time, it seems, he was warning us about irrational panic. "Greenspan knew about the Producer Price Index numbers ahead of time," says TIME senior economics reporter Bernard Baumohl, referring to the big scary inflation number that ? along with Alan Greenspan?s own Thursday night speech about an "asset bubble" ? threw the markets into an early-morning tailspin Friday. "He warned about wild fluctuations because he knew how the market would react to the bad news about producer prices, and his role is to warn investors that an adjustment in stock prices could come quickly...
...many hot potatoes. The Dow shed over 200 points in oh, the first 15 minutesof trading after the bell, with the NASDAQ following suit. But an hour later, the sell-off had screeched to a halt. Despite Greenspan's hint, says Baumohl, investors had overreacted again. "That producer-price number is probably more of a spike than a trend. Oil prices have probably peaked, and gains in productivity will probably help companies absorb this increase rather than passing it on to consumers. Don?t expect a similar increase in the Consumer Price Index when it comes out next week...