Dollar crisis explained by confidence loss and overspending
An interview explains the dollar crisis rooted in inflation and two decades of overspending, with funds moved abroad and into hard currencies. It cites Vietnam war costs, foreign aid, and corporate shifts to marks and francs as factors, noting Watergate amplified distrust.
MENTIONED IN THIS ARTICLE
New York Times News Service
Paris
United States
U.S
Europe
France
Italy
Vietnam
U. S
Nixon
Global dollar policy dialogue on recession risks and stabilization
A discussion covers how depreciation of the dollar could hurt living standards and trigger global controls, retaliation, and a possible world recession. It explores short and long term measures to strengthen the dollar, including reducing supply, austerity, cutting military spending, boosting American exports, and central bank actions to buy dollars.
MENTIONED IN THIS ARTICLE
Europe
Japan
U.S
NASO Interdealer Prices At 10 A.M. Snapshot
Quotations from the NASO show representative interdealer prices as of about 10 a.m. The interdealer market moves during the day and prices exclude retail markup and markdown.
Wall Street Mixed As Traders Await Phase 4 Rules
Stock prices moved in mixed trading with a wait-and-see mood ahead of Phase 4 regulations. The Dow rose to 886.66, volume leaders included Imperial Oil and Standard Oil of California, while Getty Oil and Standard Oil of Indiana fell.
MENTIONED IN THIS ARTICLE
NEW York
American Stock Exchange
Imperial Oil
New York Exchange
Standard Oil of
California
Url,inc
Menasco
Getty Oil
Indiana
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American Exchange
Dillon
Air
LVO Corp
Lykes Yngst
duPont
AetnLf
Ae East Air Ln
Macmille
lUniv Oi Pd
We Airco
Easkd
Macy RH
Ba- Upjohn
Arizona
Eaton
UV India
AlcanAl
Echlin
Maggavox
AllegCp
Eipasong
Yael AligLud
Ava McDond
Alcoa
Evans P
Am Airlin
Wiha
Merck
Fairind
MGM
Fanstel
Ava
Monson
White Motor
Am Motors
Whittaker
Williams Co
Asmitr
MorNor
Motorola
At&t
XeroxCo
Formck
Nabisco
Va Zale Corp
Va Amp. Inc
Finkin M
Va NatAir
Ampex Corp
Freeptm
Associated Press
Andrh
ArchDan
Armcos
Gam Sk
Armst Ck
Va Gannett
AshdOil
Nt Steel
Atlas Corp
NewPw
Va Avco Corp
Gpubut
Genesc
Va NL Ind
Balge
GaPac
Nortik Wn
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Wy Norris
Bendix
Goodrich
Northrop Oe
BenfiCp
Goodyr
NwstAirl
Benguet
Grantw
Norton
AtiPac
NorSim
Grumman
Oklang 1.32 21 20’ 20'2 20’ Janstrett Lt
OlinCorp
Va Brun
GuifWn
Omark
Halburt
C¢ Harris
HartHk
Wahl Ae Certron Cp
Va PacPetri
Heublein
PacPw
Contri
CarrCp
HoerWat
Cartwa
Va Viet
PanAm Air
A. Castlec
Panep
HollySg
Pasco Inc
Homestic
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Cencoinc
Hongwil
CerroCo
Pennzoil
Frontier
PepsiCo
Idahop
GiantVel
Simei Hi Ie
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Chris Craft
PhilMor
Chrysir
Pitney
Clark E
Instrum Sys
Civen
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Ppgiind
InDiv A
CocaCol
IntHar
ITI Corp
Int, Inc
Psvcol
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Intickel
PSVEG
A Collins Radree
O— ' Publikr
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CBS
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Pullman
Kin Ark
Itek Corp
Comsata
Yes Quaksto
Lafay Radio
Conagra
Jewel C
Questor
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JonLog
Marshal Ind
JonLau
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Ozark Airlin
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StdOilCal
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Telex Cp
Tenaco
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Texaco
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Stock Exchange
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UAL Inc
Cinerama
New _ York Stock’ ee
By. Clyde H. Farnsworth
Loyd’s Pean! Drug Store Free Delivery
Johnston St
Decatur
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Alabama Tenn
Nat'l Gas Wa
America Allied
South
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Jack's Food System
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Ig Il Ds
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Huntsville Podiatric Medical Group
E. J. Fareness
Richard Lee Freeman
Dental Arts Center
Gallatin & Lively Road
Wall Street
ABC
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