Word: spiraling
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Dates: during 1960-1969
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...University of Southern California ('53), Carlsberg ran a profitable entertainment magazine, then began renovating old houses and investing his savings in land. He was fascinated by the fast spiral in prices, but astounded to discover that few experts thoroughly researched the factors that made values soar. Says he: "Ninetynine percent of the real estate agents didn't know what they were talking about...
Until that moment, Eliot's performance was noteworthy for two defensive stands after Elephant backs fumbled first on their five, in the second quarter. But with four seconds to play, quarterback Bunk Reed lofted a 40-yard spiral that his favorite target, end Joe Pawlak, hauled in as he crossed the goal line...
...Lyndon Johnson's wider war on inflation, which he feels he must wage to keep the economy healthy and to restore the balance of payments. The aluminum industry-one twenty-third the size of construction and one-tenth the size of automaking-is unlikely to cause an inflationary spiral by itself. Even some Government economists concede that the industry has as good a case as any for higher prices: it is earning a mere 4.9% on its investment, is running at 100% of its 2,700,000-ton capacity. Its price boosts-three in the last two years-have...
...test, the President's gall-bladder operation, Moyers' performance consolidated that estimate. Since the President's Oct. 8 operation, he has been like a latter-day Boswell, always keeping a spiral-bound notebook at hand to record everything that Lyndon said and did. And about the only time that Moyers was not with the President was when he was briefing the press on his progress. Though some newsmen blamed him for concealing the existence of one kidney stone until after it was removed by surgery and of another that is still embedded in the kidney...
...most economists believed that the inflationary spiral had not begun-at least not yet. Food prices, which reached a 34-month high in June and were a major factor in the 2.2% rise in wholesale prices during the year's first half, dropped in August for the second straight month, thanks to a bountiful harvest and beneficent weather. Steel demand tapered as the strike threat faded, and import competition remained stiff, serving to dampen any inclination toward rises in basic steel prices. Industrial investment this year will scale an alltime peak of $50 billion; that will expand capacity...