Word: dollarization
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Dates: during 1980-1989
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Arlo Woolery, executive director of the Lincoln Institute of Land Policy, called the measure a "major catastrophe" and said that city officials must attempt to get the last dollar from the market value out of the tax rolls...
Viguerie probably already has the elves in his Falls Church, Va. workshop licking stamps for the 70 million letters he says he will mail on behalf of his conservative clients in 1982. Like other New Righters, he still does not worry about over-competition for the conservative contribution dollar...
...fact, for investors to make up for the loss in buying power caused by inflation, stock prices would have to climb far higher than they have. Since 1965, when the Dow first approached the four-digit threshold, inflation has chopped the buying power of a dollar to little more than 400. For investors in the 30 stocks of the Dow industrials to be as well off today as 15 years ago, the averages would have to hover not at 1,000 but at 2,500-and not even Wall Street's most starry-eyed optimists see that kind...
...almost as mucha fixture of fall as football: the annual renewal of the struggle between the natural gas and oil industries to fuel America's furnaces. In a multimillion-dollar ad campaign, the American Gas Association has been seeking to persuade the 16 million owners of homes heated with oil that its product is the nation's "best energy buy" and "the most efficient way to heat." Fuel oil suppliers, for their part, say their competitors' contentions that gas burns more efficiently and will remain substantially cheaper represent "false claims" and "hype." Said ads sponsored by dealers...
...reports Management Centre Europe, a Brussels-based consulting firm. Every six months, M.C.E. measures living costs in 16 European cities in comparison with New York, using as a yardstick the dollar value of a basket of 101 common items, among them food, clothing and bus and taxi rides. In its latest survey, M.C.E. found that all of its European cities were more expensive than the Big Apple, by total amounts that ranged from 16% for Lisbon to 67% for Stockholm, the costliest city. The Swedish capital has wrested that dubious distinction from Geneva, which...