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They postpone investments or over-invest and embark on preemptive buying sprees. As Erica Groshen and Mark Schweitzer have demonstrated in an NBER working paper titled "Identifying inflation's grease and sand effects in the labour market", employers unable to predict tomorrow's wages hire less.

One of the former having been appointed to apply dressings to the heels of a horse affected with the grease, and not paying due attention to cleanliness, incautiously bears his part in milking the cows, with some particles of the infectious matter adhering to his fingers.

Judging by external appearances, very little grease seems to be wasted in the manufacture of soap. Indeed, I would not trust one of these Mujiks to carry a pound of soap any where for me, any more than I would a gallon of oil or a pound of candles.

Then add by degrees the flour, so as to make a thin batter. Mix it very smooth, pressing out all the lumps with the back of a spoon. Set the frying-pan over the fire, and when it is hot, grease it with a spoonful of lard. Then put in a ladle full of the batter, and fry it of a light brown, turning it with care to prevent its breaking.

The result is that "slosh" or "coosh" must do. So the bacon is fried out till the pan is half full of boiling grease. The flour is mixed with water until it flows like milk, poured into the grease and rapidly stirred till the whole is a dirty brown mixture. It is now ready to be served. Perhaps some dainty fellow prefers the more imposing "slapjack."

It is only by grooming that the silvery cascade of hair down the dog's sides and the beautiful tan face-fall that flows like a rain of gold from his head can be kept perfectly straight and free from curl or wrinkle; and no grease or pomade, even if their use were officially permitted, could impart to the coat the glistening sheen that is given by the dexterous application of the brush.

Gladstone usually brings with him is about the size of those small, stunted little jars in which, in the days of our youth, the young buck kept his bear's grease, or other ornament of the toilet. But on Monday Mr. Gladstone was armed with a large blue bottle somewhat like one of those 8 oz. medicine bottles which stand so often beside our beds in this age of sleeplessness and worry.

For the greasy meats, let him forego meats altogether and take chickens, and he will not find grease enough to soil his best coat, if he should carry the chick away in his pocket.

Heaping up, therefore, an abundant portion of the "provant" upon a piece of bark, which served for a dish, they invited him to confine himself thereto, instead of foraging in the general mess. He complied with the most accommodating spirit imaginable; and went on eating and chatting, and laughing and smearing himself, until his whole countenance shone with grease and good-humor.

I thought as how you did it with grease, for it looks like it. Tell me now, how long did it take afore it growed that long?" He lifted the end of the tail as he spoke. "How!" ejaculated the Chinaman. "Ay, how long?" repeated Bill.