Word: zooms
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Dates: during 1970-1979
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Fortunately, most bankers and economists agree that the present zoom in interest rates is about reaching its apogee. Yet how soon, how far, and even if they will fall again are subjects of sharp dispute. Predictions of where the prime rate will be by year's end range all the way from 6% to 12%. Best guess: rates will gradually trail down to about 8% by year...
...that makes you see red, white and blue when you look away. A prism breaks white light into the color spectrum, and a sodium vapor lamp turns everyone's skin yellow. There are lots of fun knobs to turn and fun buttons to push, and color TV excerpts from ZOOM. But in failing to approach the really challenging question of why color works the way it does, the Museum frustrates the viewer's curiosity. We are just left with an arcade of weird visual games...
...LOOK NOW is a film about second sight: that means about another way of looking at things. From the first sinister zoom into the surface of a pond broken by drizzle, we are already captured by the sudden fracturing of the reflected image. In their cozy country house in England, John and Laura Baxter are working quietly when John suddenly breaks a piece of glass, cuts himself. Blood creeps like some blotted gargoyle over the face of a color slide--it shows the interior of a Venetian church he is restoring. Outside, their little girl has just drowned...
...system could be made more efficient, police say, by switching to color TV for a better picture, putting in zoom lenses and using video tape so that a record of a crime could be produced in court. Even in their unimproved state, the cameras have aroused the fears of the ever vigilant American Civil Liberties Union, which is hypersensitive to any possible infringement of civil liberties caused by police innovation. "Once you make a jump from a patrolman to technical devices," says Barbara Shack, assistant director of the New York Civil Liberties Union, "you're very much...
...slash in oil production by the Arab states has been a handful of sand in the economic gearbox. But for oil-exporting nations outside the Arab bloc, the move was pure serendipity. Almost overnight, as global shortages reached crisis proportions, the value of their oil deposits began to zoom. Yet the oil producers have resisted the temptation to try to pump fast enough to make up for the Arab cutback. Instead, they have cannily held output to roughly ordinary levels while sharply scaling up prices. That strategy is resulting in a kind of forced, massive transfer of wealth from...