Word: fiat
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Dates: during 1930-1939
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...German mark is a questionable currency based on some microscopic amount of gold. The Italian lira is practically fiat money. The Russian ruble is a bootleg product. The French franc has had a precarious existence...
...plan was both complicated and risky. In its simplest terms it was intended to work as follows: The Government will issue fiat money (paper without gold or silver backing) to pay the Heinkel works, say, for airplanes. Next year when Heinkel comes to pay corporation taxes, it pays not in cash but in the fiat certificates. Meanwhile Heinkel may, if it wishes, use the certificates to help pay for purchases of Duralumin, rivets, engine parts. In transactions other than tax payments certificates may never exceed 40% of the purchase price, the rest to be paid in cash. What the plan...
...Anne figure out the trends of their serials four to six weeks in advance, dictate outlines to a battery of stenographers. Outline for an episode (Backstage Wife) may read something like this: "Suspecting that Cynthia Valcourt murdered Candy Dolan with Ward Ellman's gun, after Tess left the fiat, Mary, Larry and Ward rush to Tony Valcourt's penthouse to have a talk with Tony and Cynthia, having sent Tess Morgan to her apartment. Arriving at the penthouse, they are refused admittance by the butler. . . . If Cynthia gets away, Tess may take the rap for the crime...
...military training, children begin long marches at the age of 10. and 15-year-olds are expected to march 13∧ miles a day with an eleven-pound load. Result: an abnormal increase in the prevalence of fiat feet, a trait Nazis attribute to non-Aryans. Of youths conscripted in 1936. some 38% were found unfit for military service for this reason...
...banks lend on the integrity of the peon and his crop-neither very secure. This month the ejidol banks finally exhausted the financial resources which President Cárdenas had been able to put at their disposal. They have kept in business by issuing 12,000,000 pesos of fiat money, are authorized by the State to issue...