Word: restraining
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...price and availability of energy helps to determine both an industrial nation's standard of living and its competitiveness in world markets. Similarly, labor's insistent demand for a bigger share in prosperity is a cause of inflation and of governmental attempts to restrain it by raising interest rates. That, in turn, tends to reduce consumption and new investments. The level of interest rates in different countries partly determines the direction and force of capital flows, which are a source both of balance of payments problems for individual nations and of world monetary turbulence. One conclusion: top managers...
...target would be Japan, which accounted for $4.1 billion of the $6.8 billion deficit that the U.S. suffered last year in world trade. If Mills has his way, Nixon could raise tariffs against the goods of specific countries, establish quotas or negotiate agreements under which those nations would "voluntarily" restrain exports to the U.S. He also could grant tax credits, low-interest loans or even direct subsidies to American manufacturers who compete against subsidized foreign goods in the U.S. or "third markets." Further, Mills would let the President impose a short-term surcharge on all imports in a U.S. balance...
...task of the liberal psychotherapist proceeds logically from this view of people. The therapist must deal with those humans who cannot restrain the characteristic primitive urges of the species. He must reconstruct the individual's defenses, enabling the Freudian neurotic to hold back the tide of violence which lurks behind people's social veneer...
HOWEVER, EVEN IF ALTMAN can't rewrite a script (mostly written by a hack, Leigh Brackett), or restrain the mugging of top-billed Elliott Gould, he is such a gifted director that his visuals and tossed-off stage business alone hold our interest. He crams his frames with different people doing interesting things, like gangsters taking off their clothes as a sign of group solidarity, or a Malibu Colony security guard impersonating Hollywood stars. If some of the shtiks misfire, Altman keeps on coming with others that don't. And aside from Gould and a stoned-out Sterling Hayden (Altman...
...capital controls being phased out include the interest-equalization tax and money controls on direct foreign investments. Also, the Federal Reserve Board plans to end a voluntary program to restrain foreign credit...