Word: dollarization
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Dates: during 1980-1989
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...gather to praise the forgettable comedy. Some movies can be faulted for nothing but low ambition. They aim not for the Academy Award. They disdain the zillion-dollar gross. Not for them a double-domed debate on the op-ed page. But some sweltering August evening, they afford easy wit, engaging performances and, for moviegoers, the satisfaction of 90 minutes well wasted...
Larger forces were aggravating the conflicts that Hitler would eventually exploit. In 1923 the Germans stalled on their reparations payments and the French seized the industrial Ruhr to compel payment. The German mark, declining ever since the war, began plunging: 7,000 to the dollar in January, 160,000 in July, 1 million in August. A kind of madness swept the country. People carried suitcases of money to a store to buy a sausage. And the mark kept falling, to an all-time low of 4.2 trillion that November. Everything was for sale, all savings were destroyed, and nothing seemed...
...seems this particular set of checks came from Joey's Pan Am-affiliated MasterCard. It's one of the many airline-affiliated Visas or MasterCards that give you a frequent-flyer mile free for every dollar you charge, even if you pay your balance in full within the grace period. To a frequent-flyer junkie, these cards are irresistible...
...bottom. Within a year of his election, Clinton rammed through a package of reforms that lengthened the school day and required the state's 24,000 teachers to take a controversial competency exam. To pay for the improvements, lawmakers raised the sales tax from 3 cents on the dollar to 4 cents...
...spectacular failure of some billion-dollar LBOS dramatizes the problems that could befall a number of overextended companies in the event of a slump. -- After a 2 1/2-year undercover probe, the Justice Department indicts 46 Chicago commodities traders on charges ranging from fraud to racketeering. -- A shortsighted proposal to cut capital-gains taxes gathers momentum...