Word: squeezees
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Miller's mistake had been to assume that the Fed's orchestration of the highest interest rates in five years would alone be sufficient to discourage borrowing and spending. Through the first half of 1979, business was actually slowing somewhat as a result of bad winter weather and the gasoline...
One considerable danger is the threat of an outright credit crunch. That would occur if the Federal Reserve's tightening up of money, and the resulting rise in interest rates, reach such levels that borrowers found it impossible to get money on almost any terms. Such a squeeze occurred in...
DAVID GROVE: "I applaud," says Grove, a private consultant and senior economic adviser to Marine Midland Bank. "A slow and gradual approach to curbing inflation would not be very effective. I prefer a quick and dirty approach, and the Fed's actions are very much along that line. They...
Managers, secretaries and production workers are painfully aware that when they get a pay raise, the extra dollars that they take home after taxes rarely begin to cover the increased costs they must bear. In the past year, as a result of the ravages of double-digit inflation, real incomes...
Angel Shortstop Jim Anderson poured champagne over the presidential head, and Second Baseman Bobby Grich completed the double play by adding a beer chaser. The team's best-known fan, Richard M. Nixon, was delighted by the ritual horseplay of the Angel's locker-room victory party. "Anybody...