Word: rushing
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Dates: during 1990-1990
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...emergency program Erman cobbled is intended to stop the rush to convert australs into dollars and force down the prices of goods. To achieve that, the government has promised to end its frenetic minting of money to finance decades of chronic deficits; no more australs will be printed until the level of Argentina's hard-currency reserves rises. If that promise is kept, it would amount to a tight leash on the inflationary money supply...
...Meanwhile, the median price of a Los Angeles home reached $224,000 in the third quarter of 1989, up 18.7% from the previous year. Says Stephen Levy, director of the Center for Continuing Study of the California Economy in Palo Alto: "It's very unlikely that home prices will rush ahead in the next two years. It's not a crash scenario, but I don't see prices being pushed much higher." In the topsy- turvy world of the '90s, even the Golden State will endure a changing fortune...
...HISTORICAL significance of the 1980s is that the Winners, in the rush to defend their privileged positions, forgot that the rest of society existed. Granted, the Winners do a lot of agonizing about the plight of the ghetto "underclass." And then there is the ever-present evidence of homelessness...