Word: moneyed
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Dates: during 1980-1980
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Democrat Heller cautioned, however, that Volcker is not likely to repeat his move of last spring and begin excessively increasing the money supply a second time if the economy starts to falter. Said Heller: "Volcker has had a burning experience, and he is now being driven almost by a sense of inner guilt. He eased up too much too soon, and he knows it. Now Volcker may be overcompensating...
Business, however, ran into a wall. Between April and June, the economy declined at an annual rate of 9.6%, the fastest drop since World War II. But then, with the arrival of summer and the acceleration of Carter's re-election campaign, credit controls were loosened and money became less restricted. The prime rate fell to a low of 11% in July. Yet, after November's presidential election and a new burst of inflation, the Federal Reserve Board once again tightened money, and interest rates began another steep rise, quickly passing the spring's historic interest rate...
...direction alternates between flatness and strain. Scott gives an imitation of his old force, but there is a lack of conviction in his playing that is, perhaps, understandable. If he is going to make this kind of film, he should learn from Brando how to take the money and hide out behind the makeup. As for Keller, she is just impossible, an actress whose monotony of tone dims everything she touches...
...adaptation there are, as well, a number of loose ends left flapping about. Guy Hamilton's direction is languid, and, perhaps because of budgetary reasons, both the backgrounds of scenes and the sound track have an odd emptiness about them, a deadness that suggests there was not enough money to fill them up with suitably enlivening bustle and buzz...
...pretentious texts or gaudy illustrations aimed to snag an adult's wallet, not a child's mind. For success breeds venality, and many a pub lisher acts on the principle that the small change in piggy banks is just as negotiable as the currency in vaults. That money has recently made publishers more willing to experiment with packaging than with fresh content. Books that float in the tub, or smell of perfume when they are scratched, or assume the shapes of trains, or pop up with paper cutouts, can take the place of stories that children need...