Word: savers
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...that, like a slow fuse, will finally ignite the gag. Dick Cavett, who worked for Carson as a writer, recalls that Carson "made a point of bombing and making it funny. Sometimes you'd write strictly for that. You'd set up one baddie, just for the saver." A lot of comedians have done this, but none has raised the art to such rococo refinements as Carson, who can now paralyze an audience with one-liners that would get lesser comics boiled...
During periods of disinflation, the wise consumer is a saver and lender, not a spender and borrower. No longer does it make sense to go into debt to buy things because Joans can be paid off later in cheaper dollars With a 16.5% prime rate, borrowing is very expensive. And since prices are rising slowly, there is little chance that the item bought will be worth a lot more in the future. Says Joel Crabtree, a senior vice president of Chicago's Continental Illinois National Bank & Trust Co.: "There's less premium on holding hard assets, like diamonds...
...recent years, both the way people save and the way the Federal Reserve does its job have undergone radical changes that help explain what is happening to interest rates. A decade ago, the typical American saver was content to earn 4½% or less in a passbook account, which was the maximum allowed by law. In the 1970s, double-digit inflation arrived, and the passbook account became a bad deal. Money quickly lost its purchasing power when it was saved at 4½% interest while prices rose at a 10% clip...
Only Associate Editor Christopher Byron, who edited the cover, had a good word to say about high rates: "They have turned me from a spender into a saver," he says. "If you can get 14% or even 15% on your money at a bank, why buy an Oriental rug or a Krugerrand...
...period between Labor Day and Thanksgiving, when summer tourists have gone back to work and winter ones have not yet begun to head for southern beaches or northern ski slopes. While more than two-thirds of airline coach passengers routinely fly on some sort of discount ticket, like Super Saver, the new cuts slashed prices even deeper and had no restrictions on travel...