Word: lired
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Italy's Government promptly posted a reward of 3,000,000 lire ($13,200) on Giuliano's head. The self-made savior was merely incensed at the trifling price offered. The only reply he deigned to make was a counter-offer of 2,000,000 lire for the capture of the Minister of the Interior...
...plan, as explained by Treasury Secretary Henry Morgenthau Jr. back in 1943, was childishly simple. The British and American armies needed currency when they invaded Europe. So the Treasury had agreed to print invasion lire for use in Italy, invasion marks for Germany. The real beauty of the plan, in Morgenthau's view, was that the U.S. would have to redeem only the currency the Army used to pay soldiers. The Italians and Germans would be stuck with currency spent for food, supplies, etc.; redemption would be part of their reparations...
...spending millions for food and materials to keep Germany going. With the other, its monetary fumbling has resulted in debasing German currency at such a rate that the whole monetary system is ready to collapse. The U.S. had given the Italians $205 million to repay them for the invasion lire which it pumped into their economy and for lire purchased from them. In Germany, where the amount of invasion currency put out was upwards of six times greater, due mainly to the Russians, the U.S. may find it will have to pay out much more...
...Italy, the black market took on an official tone. When he asked the customs inspector at the Littoria airport to exchange dollars, the inspector regretted that he could give only the official exchange of 220 lire. But he pointed to a bus driver who would give 500. By haggling in Rome the adman...
...Capri. At Capri, he found the kind of prewar bargain which expatriates used to brag about. His hotel suite (large bedroom, bathroom, private balcony) looked out over pink stucco villas toward the island of Ischia. The room and meals cost 1,400 lire ($1.75 black market) a day. A day was like this: breakfast (coffee and hot milk, fresh bread, butter, jelly) on the balcony. Then a walk down to the piazza to buy the Paris Herald (for black-market quotations). Lunch at the hotel was usually risotto with meat, salad, wine, pastry, fruit, coffee. After a two-hour siesta...