Word: caking
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Dates: during 2000-2009
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...China's export dependency went far beyond the unbalanced structure of its real economy. Its financial and currency policies were also aimed at deriving maximum support from external demand. A closed capital account and an undervalued renminbi (RMB) were icing on the cake for China's powerful strain of export-led growth. Moreover, to the extent that its currency-management objectives required ongoing recycling of a massive reservoir of foreign-exchange reserves into U.S. dollar - based assets, such capital inflows helped keep longer-term U.S. interest rates at exceptionally low levels. In effect, China's implicit interest-rate subsidy ended...
...email, Anna Yun, a mental health counselor at South Bay Mental Health Center in Boston with no apparent connection to Harvard, offered to make “pumpkin muffins, sour cream coffee cake, [or] coconut cream pie” (her specialty) for the next faculty meeting. The reason? None, except “that it would make me happy and hopefully make the faculty meeting more...
...expected to be in this book. It is a very exciting project, an ambitious project and a vital one,” Baranay said. The Coop recently hosted the Harvard Square Business Association’s annual “Bookish Ball,” which included a giant cake featuring a picture of the book’s cover. Contributors and fans attended a launch party at Club Passim on Tuesday evening. The Harvard Book Store plans to host another event focusing on the book in December. Lotman does not have immediate plans for another book and will continue...
...jail free” card, freeing them from their messy mishaps. This superficial resolution fails to pull together the film, breaking it as a result. Though “Extract” does provide its fair share of funny moments, the film is like a sloppily-mixed batch of cake batter. The sugar chunks taste good, but it’s not exactly Carvel.—Staff writer Jessica O. Matthews can be reached at jmatthew@fas.harvard.edu...
...know that scene in Matilda where Miss Trunchbull forces the poor fat boy to ingest an entire chocolate cake in front of his aghast peers? It's the most awful thing to watch, but for some reason, you can't seem to rip your eyes away, investing yourself in the horror of the scene until you seem to feel the goop greasing the sides of your own esophagus...