Word: peaking
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Dates: during 1960-1969
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...average Chinese weighs 110 lbs., he calculates, the energy released by this great leap downward would be equivalent to an earthquake of magnitude 4.5 on the Richter scale, causing extensive damage in China. But if the Chinese were organized to jump roughly every 54 minutes-just when the peak of a barely perceptible natural ripple that continually sweeps around the earth's surface passes through China-they might set up a world-girdling resonant ground wave that would cause even greater damage in distant lands. By properly aligning their millions and carefully timing the jump, for example, Peking could...
...Federal Reserve tinkers constantly with the money stock, much to the distaste of Friedman, who advocates a policy of moderate, steady expansion. For example, the board expands the supply during periods of peak demand, as it did to an extreme degree to help the Treasury finance its huge deficit in fiscal 1968. Through the same kind of maneuvering, the board tries to smooth the ups and downs of the business cycle. Friedman
Still, economists generally agree that the economy now shows plenty of signs of losing momentum. As interest rates climbed to the highest peak in more than a century, housing starts fell sharply and the bond markets approached collapse. Banks, the principal buyers of municipal bonds, were short of funds and shying away from 20-year and 30-year securities with a fixed rate of return. Industrial production has slipped, and personal income is now rising at a rate of only 1.3% a year...
...Real Growth Inflationary Total Growth Unemployment (in billions) Growth* Average Peak...
...this melodramatic point, the film achieves its peak. Sailor's face empurples, his lips work and bubble, his body goes limp. "Walk, you son of a bitch, walk!" screams Gloria, carrying a corpse on her back, defying Rocky, circumstances, the Depression-and finally life itself in a racking finish that leaves the spectator as weary, and in a sense, as degraded as the participants. But it is precisely because of Gloria's inexhaustible drive that the film buckles. The dancers stay up for more than a thousand hours. The hall becomes a human zoo where legs, spines...