Word: rates
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Dates: during 1940-1949
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...Russian raids caused the black-marketeers to increase their vigilance but they stayed in business. Money-changers with gaudy new marks in both hands shuffled along, murmuring: "East for West, West for East." The rate went up from 3 to 3.2 East marks for one West mark. Two unshaven old men, selling potatoes from heavy knapsacks, stared at a barbed-wire fence put up by the British. One said: "It won't be long until they have barbed wire all over the city." The other said: "Come along. The air is too thick around here...
...Russians, at any rate, would not stand for anyone lighting any verbal fires on their navels. The Soviet Union did not send delegates to London...
...personal friendliness could not soften the hard reality that Argentina was running out of dollars and smack into a first-rate financial crisis. Moreover, the Peron plan of exacting heavy tribute from hungry Europe for Argentine produce was beginning to backfire...
...Swiss Professor Emil Brunner, one of Europe's leading theologians, paid it a rare tribute: "It is rather exceptional that a book of dogmatic theology makes fascinating reading . . ." Union Theological Seminary's President Emeritus Henry Sloane Coffin gave it an equally rare garland: "First-rate . . . We have little really tiptop theology today, and this is tiptop...
...intentions were toward deflation-just a little deflation. Treasury Secretary John Snyder upped to 1¼% the 1⅛% interest rate on short-term Government bonds. lie expected, rightly, that banks would follow the example and raise interest rates, thereby curbing the inflationary expansion of credit. By midweek, some bankers announced plans to boost basic lending rate from 1¾% to 2% (for borrowers with the highest credit rating) and to adjust other rates accordingly...