Word: profiteer
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Dates: during 1940-1949
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...dollar hunger. How much importance should be attached to it, and what are the facts? I wish to buy an English overcoat this fall. If I pay $100, how much of it will go to our Government as tariff ? How much will stay with the American merchant as profit? How much will get back to England...
...that some of the old-style confession magazines confessed that they were in trouble." Presumably the trouble referred to was financial trouble, inasmuch as you quote from my midyear letter to our stockholders which reported a loss in the second quarter of 1949 of $11,635, after showing a profit in the first quarter...
...Steel profits were large: $606 million after taxes, based on the first half of 1949 -an increase of 124% over 1940-41. But that was not as big as it seemed because of the drop in the value of the dollar. And the industry's recent modernization and rebuilding policy "has absorbed most of its recent substantial profit...
...herself wholeheartedly for the Christian world of the West and all it stands for." In her external relations, Adenauer sees Germany as the eastern bulwark of a free Europe; to fit her into her place he favors a competitive economy based on the principles of "free private initiative and profit-sharing for the worker." He speaks fervently of the mission of Christian democracy, not for Germany alone but for all Europe...
Following up this lead, Beteta's agents traced some 80 sales totaling more than 9,000,000 silver pesos, with an estimated profit of more than $1,000,000. All the silver had been turned over to a notorious smuggler named Roberto Maese, who moved it across the border to El Paso. Each deal had at least two profitable angles: 1) it evaded the export tax; 2) the bank sent out old-style silver pesos, whose metal value is now higher than the face value, and replaced them in its own accounts with paper money...