Word: dollarization
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...Gordon ’58, “as you know, we are running low on”—and here, he drew a picture of a toilet paper roll—“Unless you’d like to wipe your rectum with dollar bills, you might well let me know when the next 50 cents is coming, or buy the stuff yourself...
...College responded with an increase in aid to the affected students, but not necessarily a dollar-for-dollar replacement...
...eventual removal of Craigie Arms from the rent control roster did not have the feared negative impact on affordable housing in Cambridge, since the University invested much of the profit from the sale of the apartments in 1985 to the Harvard Emergency Loan Program (HELP) fund, a half million-dollar program designed to rehabilitate deteriorated low-income housing...
...recent years, the Southeast has experienced a manufacturing boomlet, with foreign companies in particular setting up shop there to cater to the huge U.S. consumer market. Now, thanks to the weak dollar, they're looking overseas...
...reason to fund bloated federal bureaucracies to pursue tax scofflaws. Every person would pay 23% on every new car, suit, pair of shoes, radio or home. In return, individuals and companies would pay no income tax. With no disincentives to earning more, investment would boom. The stronger dollar would also deflate the price of oil, killing two birds with one stone. John P. Kuchta Jr., VIRGINIA BEACH...