Word: dollarization
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...Buck. The Alexander Inn in Philadelphia is offering five hotel rooms a night for $1 as part of its Guest Stimulus Plan, through June 11. The hotel hopes you'll reserve a room Sunday through Thursday for a dollar and spend what you save in lodging at Philly's restaurants, shops and museums. Call to book your $1 room at 8 a.m. EST 30 days prior to your arrival. The limit is one night at $1 per guest. 301 South 12th Street, Philadelphia...
...example, in one experiment, the researchers gave 89 undergraduate business-school students from the University of California, Berkeley, and the University of Maryland a dollar. They told the students they could keep the money or use it to buy candy. About half the students were given a dollar bill, while the other half were given four quarters. Only 26% of the students who got the bill spent the money, while 63% of the students given quarters bought some candy. However, once they decided to spend, the students with the paper made bigger purchases. (See Real Simple's saving and budgeting...
...Bachmann, Rep. Michele • desire of for Minnesotans to be "armed and dangerous on this issue of the energy tax because we need to fight back" is expressed by • legislation is proposed by to retain the dollar as U.S. currency in the face of not even the most infinitesimal suggestion from anyone to replace it with anything else...
...move to dump the Zimbabwe dollar has also stemmed the country's runaway inflation. This week the government announced that prices were 0.8% lower in January after years of multidigit increases. The last official measure of inflation, in July last year, put it at 231 million percent. (See pictures of money being printed...
...novel concept in a country where shop owners had until recently recalculated prices twice a day. "This allowance, though not enough, sees me through the month," says Majuru. "I can plan what my salary can and cannot buy since prices have stabilized. I could not do that when our dollar was the official currency...