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Updated: May 27, 2025
Inflation gyrated from double digits to a single digit in the space of two decades. This uncertainty is, inevitably, incorporated in the price signal. Moreover, because of time lags in the dissemination of data and its assimilation in the prevailing operational model of the economy prices tend to overshoot both ways.
She clapped and rubbed the garments between soap and her little fists. The sun was just coming up in the far northeast. Shapes of mist gyrated slowly upward in the distance, and all the morning birds were rushing about, full of eager business. Eva stopped her humming song when she saw him, and laughed over her unusual employment.
Once, years ago, I was standing near the guards of a steamboat, when I heard the most awful grating, rasping sound, and a moment later a shad-pole gyrated past me with force enough to brain an elephant had it struck him. It was good fun, though, in old times to go out and see them raise the nets, for they often came up heavy with fish. Strange to say, a loon was once pulled up with the shad.
And those to whom "such things were a care" saw four lifeless, ghastly corpses circling for days round and round an eddy in the current below the castle, round and round till one got giddy and sick in watching them, but still they gyrated, and no one troubled to fish them out. They were a sign to friend and foe, a monument of our Hubert's skill in slaying "wildcats."
Examining the place whence the sound proceeded, he discovered this inscription: Esther Cox! You are mine to kill. Mr. Hubbell has verified the inscription, and often, later, recognised the hand, in writings which "came out of the air and fell at our feet". Bits of plaster now gyrated in the room, accompanied by peels of local thunder. The doctor admitted that his diagnosis was at fault.
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