Word: relaxes
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Dates: during 1960-1969
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...South Africa's trade deficit is growing. The country must either sell more surplus gold to pay for imports or reduce them and invite domestic inflation. Some European bankers have been urging the U.S. to relax its opposition to South African gold sales for official reserves. Washington has rebuffed that idea, but last week Paul Volcker, Treasury Under Secretary for Monetary Affairs, suggested that if South African trade deficits grow to worrisome proportions, the country might instead sell some gold to the International Monetary Fund. After all, the IMF's main mission is to promote stability...
...proceeded with a certain urbanity. Then the Vice President rose to propose a toast to the guest of honor. Some people, Agnew began, found his manner of speech alarming, but there was no need to worry about that now: "All of you with tightened sinews and constricted sphincters can relax." A distinct chill settled on the room. One White House adviser slowly dropped his head to the table and cupped both hands over his ears...
OKAY MRS. DAVIS, now you just sit back and relax you've done it all just right. Now we're climbing up there into the blue yonder-can't let those bombs go just now, see, they'll melt us out of the sky. Now soon we'll be over the target. Okay now you'll see. Just pull back that lever. Uh huh. A little more...
...field of oil storage barrels. We forced the owners to clear out and now we're going to put a skating rink for the kids in here. There'll be a park here too, with bocci courts. This'll be a place where everybody can come and relax...
...that some Wall Streeters had convinced themselves that the Government will have to ease monetary policy, and their wishful thinking helped to spur last week's rallies. Some brokers pontificate that the proliferating signs of economic slowdown or even coming recession will soon force the Federal Reserve to relax the squeeze...