Word: hoarding
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Dates: during 1970-1979
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Well, not quite. Still, Park had totally dominated the country for 18 years, and many citizens had feared his abrupt death would spell instant chaos. Yet there had been no panic, no runs on banks, no scrambles to hoard food. Instead, the prosperous capital city of Seoul (pop. 8 million) quickly pulsated back to normal life. The economy, despite 20% inflation, continued to chug along toward a record export target of $15.5 billion this year...
Published calculations that U .S. gasoline profits have jumped from $20 million to $40 million per day since last January make many Americans understandably wonder why prices keep going up. Some persist in believing there is a scheme among the big oil companies to hoard supplies and make a killing at the expense of the consumer, but there is no evidence of that. The basic cause of rising prices is OPEC price fixing, compounded by the intricacies of Government regulation all the way from the wellhead to the pump...
...forming, and anyone reluctant to join may not get his share. Says Detroit Psychologist Philip Owen: "If an individual sees a line, he's apt to get into it, even if he doesn't know what it's for." Social pressures against overbuying disappear; everyone can hoard in good conscience.' One refrain dates back to World War II: "I'm just stocking up before the hoarders get here...
...describing the Reform Baptists' secret activities, Vins tells of a remarkable mobile publishing operation known as Khristianin (the Christian), that roams the country, turning out thousands of Bibles and pamphlets. Local Baptists gradually buy up paper and hoard it until a ton or more has been collected in one place. Then they call on one of their printing teams, which arrives with a special offset press that can be dismantled and carried in several suitcases. Since the Soviets permit no teaching seminaries for Protestants, the Reformers also run a Bible correspondence school, as well as an organization that seeks...
Then, too, much information crucial to the personal and social decisions of citizens is methodically hidden or withheld. The scientific world has always tended to hoard lore on work in progress, and the Government's customary secrecy in military matters, intelligence and foreign affairs has spread to many parts of the bureaucratic and corporate spheres. The clandestine spirit that properly cloaked the devising of atomic weapons inevitably carried over to veil the development of nuclear power for civilian purposes...