Word: dollarization
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Dates: during 1980-1989
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...return to Harvard, Klingensmith made one "solemn pact" with his friends: he would tell anyone, whenever the subject came up, that they "ought to tip their gas station attendants...Generally, only very kind people--ministers and the like--tip. Even if it's only the change on a dollar, that's fine... If they're very saucy, then there's no reason to. But otherwise, they should be tipped, and tipped generally for their work in the rain...
...West stop things from getting worse? How long before they begin to improve? When will American interest rates come down? Is not the time overdue for the U.S. to ensure harmony between its monetary and fiscal policies? Is the Administration ready to stabilize the value of the dollar? How can the West increase demand and output without setting off inflation again? The President may think it unfair to be faced with such an inquisition, but he will be assured that no one is trying merely...
...reform of the international economic and trading system? Western Europe is not alone in condemning the situation in Poland and Afghanistan, while continuing to do business with the Soviet Union. How can the world be helped out of recession if at the same time there is a costly dollar and high-interest-rate policy? How can Europe be convinced that it will be defended, if there is doubt as to the terms and means of that very defense...
...could buy-and then burn down-in the filming of a disaster movie called Firestarter. With labor costs skyrocketing, it is cheaper to burn an existing structure than to build a set. But the Hollywood arsonists had not counted on a having their job made so easy. "Everybody has dollar signs in their eyes," says Lillian Gates, a Grand Rapids Realtor. There are even people so desperate to sell that they are willing to see their homes go up in flames. One woman owner of a colonial manse in Holland, 25 miles west of Grand Rapids, plans to build...
...everyday practice capitalists extract as much short-term profit as possible. As America concentrates more of its wealth in fewer but larger corporations, we will forsake our moral strength and ethical honesty. Novak may believe what he has written. However, his theory abandons all values save that of the dollar...