Word: dollarization
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Dates: during 2000-2009
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...hate you guys, but there is nothing much we can do.' LUO PING, a director-general at China's Banking Regulatory Commission, saying Beijing will continue to buy U.S. Treasury bonds despite concerns about the potential depreciation of the dollar...
...have outlived their usefulness. Even as he signed the stimulus bill, he had already pivoted to the next message. "We will need to do everything in the short term to get our economy moving again," he said, "while at the same time recognizing that we have inherited a trillion-dollar deficit, and we need to begin restoring fiscal discipline and taming our exploding deficits over the long term...
...students longing for five-dollar footlongs, Subway is opening in the Garage on JFK St. today after three weeks of delays...
...didn't come to work in thousand-dollar suits. He wore blue jeans and stayed up late and came to the crummy dives with us to eat." - Duane Woerth, former president of the Air Line Pilots Association, on Bloom's lack of pretense, Reuters...
...beyond its final dollar tally, the disassembling of the Saint Laurent-Bergé collection is significant as a chance to mine the last vestiges of the 20th century aesthetic, and reflect on those same walls that divide - and sometimes unite - the artist and artisan, taste and knowledge, sense of style and pursuit of the sublime. (See pictures from Yves Saint Laurent's art auction...