Word: spiraling
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...will take resolve and courage on the part of the Fed, especially in an election year. But Greenspan can probably muster the necessary determination if he thinks back to the early 1980s, when inflation got completely out of control and it took 20% interest rates to halt the price spiral. No one -- Republican or Democrat -- wants to experience a repeat of that episode...
...production, because to the American voter, the drop in gasoline prices is probably the single most prominent economic improvement over the Carter administration. More importantly, if OPEC were to regain power and put a lid on oil production, prices could soar and pull America back into an inflationary spiral...
Astrology was once a statelier business. It was a transaction that occurred between emperors and the absolute. The pageants of the zodiac projected themselves upon the lives of kings. The earth was at the center of the universe. Berosus, the high priest of Babylon, would climb the spiral ramp of the great ziggurat at night and ask the stars if the time was ripe to move against the Assyrians. Frederick II would not sleep with his wife, or Lorenzo de' Medici build his country house, until their astrologers prescribed the days and times for doing...
Still, M. Danny Wall, chairman of the Federal Home Loan Bank Board, which oversees FSLIC, believes that the thrift spiral is finally ending. His list of the worst-off thrifts has stabilized at 204. Moreover, S and Ls in general are starting to soak up much needed deposits again. During the first two months of this year, thrifts absorbed $10.6 billion in new deposits, compared with an outflow of $3.2 billion during that period last year...
Employees said concern for aesthetics may have delayed attention to the safety hazard. The spiral-looking building is the only structure in North America designed by the internationally-known architect, Le Corbusier...