Word: lira
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Dates: during 1960-1969
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...living was rising more quickly-8.8% in a year and 20% in three years-than anywhere else in the Common Market. Gold and foreign-exchange reserves had sunk to a precarious $2.1 billion, the balance-of-payments ledger showed a deficit of $1.2 billion, and devaluation of the lira was under serious discussion...
...passion for honor is exceeded only by his lust for lucre, has hardly any difficulty deciding how much the honor of his bride (Maria Grazia Buccella) is worth. A few days later he discovers it was worth less than he thought. The police inform him that 1) the million-lira check has bounced, and 2) he will go to jail unless he can explain what he did to earn so much money...
...with people banished by the Turkish government for illegal trading [July 30]. Many shops carry a bewildering variety of American goods and sell them at enormous prices. The supply seems to be quite regular. We are Americans living on the Turkish economy, and it hurts to pay 20 Turkish lira (about $2) for a box of dry milk stamped...
...Money gives a man courage, Giulio decides, but he can ill afford courage until he starts skimping on ethics. When his firm buys land for a housing development in Sardinia, Giulio secretly snaps up an adjacent property, signing a postdated check that commits him to a venture in fast-lira speculation...
Though the cars of Enzo Ferrari, 67, aren't running off with all the money on the world's racing circuits this year, there is one 3000 coupe that is worth its weight in lira back home. For years Rome's Questura security cops found themselves choking on crooks' exhaust fumes in their put-putting Fiats. But now, basta, banditti! In its own garage on the Via Nazionale sits a shiny black Ferrari with bulletproof windshield, a radio always tuned to headquarters, and enough notches in its tailpipe to frighten the Mafia. Last week it roared...