Word: runaways
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...duties are daunting enough. Eager though he is to promote a steady 4% growth, Miller vows that he will not pour out enough money "to validate the present inflation"?that is, to make credit available to anyone for whatever purpose. If he does, he says, "you will have runaway inflation and double-digit interest rates." If he holds the growth of money supply within his target range of 4% to 6½%, Miller thinks, growth will continue while inflation will run out of monetary fuel. But there is always a chance that growth will suffer instead...
Then the Coast Guard sent him to Shanghai, where Miller saw a society that was crumbling, in part because of runaway inflation; the rate of price increases that summer of 1946 hit 2,000%.* He also met Ariadna Rogajarski, a White Russian who had been born in Manchuria and had been living in Shanghai under the Japanese occupation. They married, and the young officer-who is still addressed as George by old friends-began calling himself G. William Miller. His bride found Bill much easier to pronounce than George...
...education division distributes aid to schools and colleges and helps fund Sesame Street, the TV program that delights and instructs the nation's small fry. There are other programs for ethnic studies and for mastering the metric system. Human development services provide help for the handicapped, as well as runaway youths, abused children, Indian tribes and Alaskan natives. HEW also runs Head Start, a program that prepares disadvantaged youngsters for school. It offers vocational rehabilitation, "meals on wheels" for older people who cannot leave their homes, vending stands to be operated by the blind. In sum, HEW is as broad...
...wholesale prices in March rose at an annual rate of 7.4%-seemingly encouraging, since the February rate had been a staggering 14%. But the increase for the whole first quarter ran at an annual rate of 9.6%, within reach of the double-digit range that separates merely unacceptable from runaway inflation. G. William Miller, the new chairman of the Federal Re serve Board, projects that inflation for the year is likely to average 6.5% to 7%. a higher forecast than the Administration's official prediction, but one that seems more likely to be right...
...Classics defeated the Harvard freshmen for the first time in their history to provide another of this year's highlights. Gordon Johnson and Fritz Mayer led the Classics to the 86-55 runaway victory at the IAB last month...