Word: experts
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Dates: during 1970-1979
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...Wall Street. The policy danger posed by this credit proliferation is that a tight money strategy may indeed cut down the growth of the Fed's "official money," but spending would just keep on surging and spurring inflation anyway. Urges Wall Street Economist Henry Kaufman, an internationally respected expert on interest rates and credit: "What we need now is a new monetary growth target that I call the 'debt proxy.' It would include not just currency and deposits but all private domestic debt as well, a figure that is already at $2.2 trillion, or almost exactly the nation's entire...
ROBERT TRIFFIN: "Controlling the money supply is the best way to fight a recession," says this international money expert. "Certainly, initially, if we are to brake inflation, there will be some difficult periods to go through. The sooner, the faster we do it, the less gradual approach we adopt, the better chance we have to succeed, to turn the corner. I am very encouraged that part of Volcker's approach is an attempt to deal also with the problems posed by the Eurocurrency market. He emphasized more than before the rate of money supply growth on this market, rather...
...theologians. But then he proceeded to declare that "true" academic freedom must balance independence with responsibility to the magisterium (the church's teaching office) in unity with the papacy. "It is the right of the faithful not to be troubled by theories and hypotheses that they are not expert in judging or that are easily simplified or manipulated by public opinion...
...intimidation to sympathy, hoping to hit upon the right combination. In May 1977, David Frost unlocked Richard Nixon as no inquisitor ever had, eliciting candid admissions, remorse, even a glint of tears. Dismissed beforehand as a frothy talk-show host, Frost won journalistic plaudits for his painstaking preparation and expert technique. In short, he was an obvious network choice to interview Henry Kissinger on the occasion of the publication of the first volume of his memoirs...
...where Shaplen has chosen to write, he has done a spectacular job. For the expert on the Vietnam war or the student who has never heard of Kuala Lumpur. A Turning Wheel is required reading. Shaplen's ability to preach without being pretentious and to find the personal thread among the sweep of revolution is extraordinary. If his vision of Asia's future is hesitant, then he has learned more than most writers and journalists