Word: dampener
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Dates: during 1990-1999
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...became impossible. Europe's exchange-rate mechanism exploded, and somewhere in the rubble lies Maastricht. What happened? The ERM tied E.C. currencies to the German mark. But much of Europe -- notably Britain and Italy -- was unable to keep up. The German central bank had jacked up interest rates to dampen the inflation caused by huge deficit spending on eastern Germany. The weaker E.C. countries had a choice: a) match Germany's high interest rates and risk both deep recession and political suicide; or b) drop out of the ERM. Not surprisingly, they chose...
Square residents called drumming "a worm on the brain" and complained about its effects on mental health. But street musicians complained of cultural elitism, bias and censorship, and warned that when percussion is suppressed, the Square's eclectic atmosphere will dampen...
Square residents called drumming "a worm on the brain" and complained about its effects on mental health. But street musicians complained of cultural elitism, bias and censorship, and warned that when percussion is suppressed, the Square's eclectic atmosphere will dampen...
Maybe engineers and designers should get Olympic medals. In the pole vault, heights jumped 30% with the switch from bamboo to fiber-glass and carbon- composite poles. Tracks have been resurfaced to give runners more bounce and speed, and pools have been designed to dampen wave action that buffets swimmers. Some athletes fear their events could become contests of equipment and facilities, but as any coach would admit, it still takes a great swimmer to bring out the best in a great pool...
With domestic inflation running at more than 4% annually, Germany's Bundesbank sought to dampen it by raising the benchmark discount rate for lending to banks a hefty .75%, to 8.75%, the highest level since 1931. But to spur world economic recovery, the board at the same time left unchanged, at 9.75%, the so-called Lombard rate, which governs charges for overnight loans among banks in Germany and has a wider international impact than the discount rate...