Word: tightens
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Past increases in the Bank of Canada interest rate were imposed to tighten the money supply and curb inflation. The latest increase, while it will have some anti-inflationary effect, was applied primarily for another reason: to get the government out of an embarrassing fiscal squeeze. In its most recent short-term (go-day) borrowings, the government had been forced to pay an interest rate of 3.26%, a slightly higher rate than the 3.25% interest on loans made through the Bank of Canada. That situation was obviously untenable; chartered banks would have been able to borrow from the government, then...
...expected to raise will pay for only about five months of fighting in Algeria. Then, if the rebellion has not been settled, France's economic prestidigitators will be faced with an aggravated version of their original problem-how to finance a war without asking the French people to tighten their belts...
...government has already taken action to curb some of the spending. Central-bank interest rates have been moved steadily upward to 3%, and the order has gone out to chartered banks to tighten mortgage money for business and home loans. Businessmen and builders whose plans have been stalled by the credit curbs have protested, but the government has no intention of loosening up the supply of money. To all appearances, the present flow is ample to keep the economy expanding...
...roaming the floors of both houses at will. Long's goals, as many a despondent Louisianian sees them: 1) a tax-and-spend policy to dwarf the fondest dreams of the late Brother Huey, even at the risk of bankrupting the state, and 2) a campaign to tighten Earl's grip on the governmental reins until no hand but his guides the state of Louisiana...
...good will existing between the Soviet Union and her World War II allies; 2) deliberately planned and executed provocative measures like the Berlin blockade-which proved to be dangerous and humiliating failures, to boot; 3) ruthlessly deprived the Soviet people of the fruits of victory by forcing them to tighten their belts and concentrate on aggressive adventures and military preparations, including the production of outdated arms; 4) started the war in Korea confident that a walkover victory would be accepted by the U.S.; 5) recklessly exposed the Soviet Union to the grave danger of a global war and possible atomic...