Word: upwards
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...mark revaluation. The demonstrators carried placards that read SCHILLER AND STRAUSS, DON'T BE BLACKMAILED! and WILSON, HANDS OFF THE D-MARK!-a reference to a telegram that British Prime Minister Harold Wilson had sent to Chancellor Kiesinger in an effort to enlist West German support for an upward pricing of the mark...
...with a patchwork government that will last until the next one, pointing again to their great miracolo, the economic miracle that the nation's leaders always cite as proof that there is really no cause for concern. The lira is so strong that some rumors speak of an upward revaluation. Gold reserves increased by $383 million in the twelve months ending Oct. 1, the largest increase of any country in the world for that period. The Italians must be doing something right. But they must be doing something wrong, too. While the miracolo has translated itself into cars...
...notable journalistic coup was its re cent interview with the shadowy Alfred Winslow Jones, father of Wall Street's current investment sensation, the hedge fund (whose profit-at-high-risk philosophy aims at taking advantage of both upward and downward swings of the market). Touches of humorous erudition are sprinkled throughout. A regular monthly column, for example, is called "Haruspex," for the Roman soothsay ers who divined the future by poking through the entrails of sacrificial animals...
...case, starting as a happily married, witty college professor, Tattersall explores the U.S. penchant for nerve-racking upward mobility by trying it in reverse. In an excess of whim and Weltschmerz, he runs through a job in advertising ("I stink, therefore I am"), a stint as a successful TV singer, and on down through door-to-door salesman, street peddler, gardener, handyman and tramp. He winds up living in a run-down tenement, selling canned "fresh air" door to door to help take care of a mumbling mongoloid boy and a drunken mongrel basset hound. One night he gets...
...upward revaluation of the mark would be a quick if drastic way of righting the balance by putting the undervalued mark on a par with the dollar and the pound. In effect, however, that would raise the prices of Germany's exports, perhaps crippling its vital auto industry. Recently, Schiller responded to persistent revaluation rumors by snapping, "Nein, no, non, nyetl" He means that Germany is not about to pull down its own house-especially when others have yet to put their own economic households in order...