Word: profound
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Dates: during 1980-1989
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...will now become the next chairman of the Federal Reserve Board has proved forceful and adroit in adapting to most of the roles he has played. As a conservative economist with a profound faith in the free market, Greenspan has earned the attention of thinkers in every ideological camp. As a White House official, he displayed the dedication and dexterity needed to fashion difficult political compromises. And, unlike many economists who flourish mainly in the confines of a college classroom, Greenspan scored a solid success in the corporate world. His highly profitable, 34-year-old Townsend-Greenspan consulting firm numbers...
...entrusted with the fate of the dollar, the course of U.S. interest rates and quite possibly the prosperity of the world economy. The change was all the more dramatic because it removed from the scene a commanding figure who in eight years has earned a heroic reputation and the profound trust of the international financial community as the world's foremost inflation fighter and its top central banker...
...Russians had said `yes,' one might have had a less profound division in Europe. But then, if Stahn had wings he could have been an airplane," says Mater...
...press is the middleman. It is in effect the professor for the public," Kalb says, adding, "policy is the result of the policy maker and the public." But Kalb says that recent developments in the press have unsettled his faith in broadcast journalism. "Network news has undergone profound changes. I worry about the trend toward increasing shallowness, pretension and egomaniacal compulsion," he says. "We must stick to old-fashioned values...
...your story "Fight for Survival" ((ECONOMY & BUSINESS, May 4)), there is a battle under way between commercial banks and investment banks. But there is a bigger financial fight raging, with far more profound consequences for the American consumer and the future of our financial system. At issue is whether corporate giants like General Motors, Sears and Honda should be allowed to own non-bank banks, which would destroy the historic separation between banking and commerce in this country. The Reagan Administration supports the breaking down of these walls. Federal Reserve Board Chairman Paul Volcker, among others, does not. The matter...