Word: lira
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Dates: during 1970-1979
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...taxes pumped up beef prices 24%, to $3 per lb., but the desired end was achieved; the amount of meat eaten by Italians dropped 35%. By early this year, total imports had fallen 13.8% below a year earlier, while exports rose 29.2%-helped by a 20% devaluation of the lira, which is now holding steady at roughly 625 to the dollar. A fierce tightening of credit that sent bank prime rates as high as 20% or more cut deeply into new loan demand by the private sector, but freed money for paying off Italy's monumental debt. Since last...
...sold for profits of 500%. Many of the builders who bought the land dutifully filed for construction permits. But after months, even years, of waiting in vain for the creaky bureaucracy to move, most went ahead without permits and broke ground, confident that bustarelle -little envelopes stuffed with lira notes -would forestall any action by the city. Even when more conscientious officials discovered the wrongdoing, nothing happened. Over the past four years, Rome's Mayor Clelio Darida signed 8,000 orders for the demolition of illegal buildings. But when the time came to deprive residents of their homes...
...Burns is concerned about speculation about the lira...
...Well, I don't give a (expletive deleted) about the lira...
...Nixon's] authority disappeared, and we knew his position would crumble anyway." The final fading of Nixon's presidential magic came with the release of last week's tapes, particularly the one in which Nixon said, "I don't give a (expletive deleted) about the lira." That, said the London Times, told all about "Mr. Nixon's attitude and order of priorities...