Word: upwards
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...Germans squelched rumors of revaluation. "No valid case for it," intoned the official Bundesbank. "Too late," agreed Economics Minister Ludwig Erhard. Then last week, having put the speculators off the trail, they went right ahead and revalued the Mark upward 5%, increasing its value to four to the dollar. The announcement came one day before the arrival of U.S. Ambassador-at-Large Averell Harriman, who would be happy to hear of any gesture toward helping close the U.S.'s dollar...
Heller sounds so cheerful at times that he gets accused of being overly optimistic. In a TV interview a couple of weeks ago, a questioner charged him with being an "onward and upward predictor," contradicting the "gloomy view" that Kennedy took during the campaign. Was he really so confident that the Administration's antirecession measures would work? Replied Heller: "Yes." That confident yes is characteristic of Heller, and of the new pragmatic economics...
Clark Kerr, President, University of California: By summer, certainly, things ought to be on an upward trend. In a way, the recession looks worse than it is. Because the labor force is growing rapidly, unemployment pulls up faster than would be the case in a normal inventory adjustment...
Milton Friedman, University of Chicago: The trough of the recession will come some time this summer. The rate of change in the money supply turned upward in the middle of last year. Generally there is a lag of about ten to twelve months between such a turn and the trough of a business cycle...
...were hanging there on something. The whole thing was shaking terribly, as if it were struggling to get started moving again. But something was holding it back. Then an amazing thing happened. The plane began to point to the sky. The whole nose began to rise upward. In a few seconds, the plane was straight up, absolutely straight - pointed right to heaven. It fell then like a stone, straight down, until it hit the ground. I could see the people inside waving at me, and I kept waving back...