Word: dm
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Dates: during 1980-1989
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DESCRIPTION: Two arrows hitting head on; one arrow has money signs, the other has letters DM...
Sometimes the ads are quirkily self-conscious. "Ahem," began one suitor in the New York Review of Books. "Decent, soft-spoken sort, sanely silly, philosophish, seeks similar." Then he started to hit his stride: "Central Jersey DM WASP professional, 38, 6 ft.2", slow hands, student of movies and Marx, gnosis and news, craves womanish companionship...
...rate was 2.85. Coming atop Reagan Administration-inspired military pay increases, the better exchange rate means that a newly minted U.S. first lieutenant now has about twice as much local currency to spend as four years ago. In 1980 a monthly base pay of $1,163.10 would translate to DM 2,093; today's base pay of $1,437.60 will get DM 4,098. The soldiers have been quick to respond to the hike in local purchasing power: they spent nearly $60 million last year on video equipment, and new BMWs and Porsches have replaced secondhand cars in many...
...White Hotel, DM. Thomas...
...West German banks are major lenders to Poland and would lose upward of $5 billion if that economically troubled nation defaulted on its loans. In this world turned upside down, the two strongest currencies are the Japanese yen and the British pound. Both have risen dramatically against the DM as well as the dollar, but for different reasons. With 2% unemployment, 6.9% inflation and projected growth of 5.3% in 1981, Japan's economy is far and away the industrial world's healthiest. Bankers believe that in view of this, the yen will continue to climb in value...