Word: gold
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Dates: during 1940-1949
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...Gold Coasters ran out of steam and three first string players at the end of the season, but still have a powerful ground attack paced by co-captain Rog Davis...
...graduate body remained relatively untouched. Gold Coast cleaners reported a low percentage of lipstick stains from the business school. "I guess the boys know how to take care of themselves by that time," the owner said...
Sound & Fury. For all their persuasive details, such arguments were built on shaky economic ground. Were gold miners entitled to a raise? Since 1927 the price of gold has gone up 69%, while wholesale prices in general have risen only 60%. Actually, a free market would not change the price unless the U.S. raised its official price also, because the Treasury is required by law to keep gold at $35 an ounce. While a gold boost would give Britain and other U.S. allies a modest profit on their gold holdings, the greatest beneficiary might be Russia, probably the world...
While a higher gold price would probably have little effect on domestic prices, some thought that there was still a chance that it might give the U.S. another slight whiff of inflation. Dr. Edwin G. Nourse, recently resigned member of the President's Council of Economic Advisers, thought that "any tinkering with the dollar at this moment of delicate domestic and international adjustment would be one of the surest roads to demoralization and possible disaster...
...Gold Standard. Devaluation of the dollar, however, is only one part of the broad and complex question of gold...