Word: dollarization
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Dates: during 1980-1989
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...spent a good portion of the time he has devoted to the University's multi-million-dollar capital fund drive talking with individual undergraduates or even groups of undergraduates with similar concerns, he might very well see that students change and grow in large part by learning to cope with the bitter fact that their voices are effectively silenced by an almost total lack of active concern on the University's part. The average student hears from Harvard officials only when he trips up or when he performs so superbly that to ignore his achievements would only serve to embarrass...
...than $9,290. This standard, however, does not take into account noncash benefits like food stamps, medical care and subsidized housing. Since 1965, the market value of those benefits has grown from $2.2 billion to more than $72 billion, and the programs account for two out of every three dollars of Government aid received by the poor. To determine poverty levels more accurately, the Senate asked the Census Bureau to find a way to put a dollar value on the benefits received by low-income families...
...surprising incident, the night before a College Bowl competition in December. Rapkin said, he had a whim to carefully examine the back of a $1 bill. Strangely, one of the first questions the next day was: "What is on the back of a dollar bill?" Rapkin's team answered the question and went on to win the match...
...started when a bona-fide superstar. Andy Messersmith, landed a ton of money as the first free agent. Soon every all-star from Vida Blue to Dave Winfield wanted a million dollar contract. It wasn't long before everybody--scrub, manager, and batboy--wanted his share of the megabucks...
Whitehead says that foreigners also fuel the demand for currency by holding American greenbacks abroad to protect themselves against changes in the value of their money. Despite the declining value of the dollar in the past decade, American currency remains ideal for this purpose because it is readily accepted almost anywhere in the world...