Word: dollarized
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...securing the loading and movement of containers is formidable. Anyone can lease one of the many millions of containers that circulate around the globe, then pack it with up to 65,000 lbs. of items, close the door and lock it with a seal that costs half a dollar. The box then enters the transportation system, with all the providers working diligently to get it where it needs to go as quickly as possible. Accompanying documents usually describe the contents in general terms. If the box moves through intermediate ports before it enters the U.S., the container manifest typically indicates...
...students, Summers has been a celebrity of sorts—someone who mingles with them at study breaks, signs dollar bills bearing his signature, and teaches a freshman seminar on globalization...
Outside the Harvard Square T stop, Johanna Greenbaum ’03, in Cambridge for the long weekend, said she remembered the president for his pizza parties and willingness to sign dollar bills...
There's still a lot to cheer about. The Board of Economists' direst predictions last year--that the dollar would tank, long-term interest rates would rise sharply and the housing bubble would pop--didn't come to pass. Indeed, the dollar rose in value, and the yield on 10-year bonds barely budged, despite a series of interest-rate hikes by the Federal Reserve that were followed at year-end by a rate hike by the European Central Bank. Most significant, there's still no strong evidence of a resurgence of inflation, even though oil prices have more than...
...Secrets of Success Regarding your cover story on what makes people get ahead in life [Jan. 9]: Is ambition all about me? It is important that we don't confuse ambition with self-centeredness. Success is measured not by a dollar amount but rather by a person's character. For example, one of Time's Persons of the Year, Bono, is successful in the fight against global poverty. It is tragic that such examples were not used in this article to better define ambition. Instead, Britney Spears and Sean (Diddy) Combs are used as examples of people whose ambitions...