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...hedging transactions. Most economists warn that the cost of returning to a gold-based currency could be enormous. Monetary authorities may be forced to raise interest rates even in the midst of a recession to encourage dollar purchases needed to defend the dollar's fixed value. The result? A mild business downturn could spiral into something far worse. Sticking with the gold standard in this situation would be the economic equivalent of a pilot's refusing, upon seeing a collision ahead, to take the plane off autopilot...

Author: /time Magazine | Title: CAMPAIGN '96: THE VIEW FROM UP HERE | 2/19/1996 | See Source »

...Muchways are far from alone. In the past few years, pharmaceutical bargain hunters have flooded across the U.S.-Mexico border. On a typical mild winter day last month, more than 7,000 Americans lined up at pharmacy counters in Los Algodones--up from 3,000 a day just two years ago. The number of drugstores, meanwhile, has tripled over the past five years, from 10 to 30. Lately, Mexican dentists and optometrists have added their own discount services as well. "It's busier than ever," says Maria Dolores, head of a local tourist agency. "People find out that the dentists...

Author: /time Magazine | Title: BORDER BARGAINS | 2/19/1996 | See Source »

...This is a mild form of protest. We respect his opinion," Rooney said. "We are very well versed in controversial situations at this University, so we are not too alarmed by this...

Author: By Jay S. Kimmelman, | Title: Preservationist Shackles Self To Union Gate | 2/17/1996 | See Source »

Patricia Larash '97 is a mild-mannered classics major living in Winthrop House...

Author: By Patricia Larash, | Title: Toward Effective Core Reform | 2/7/1996 | See Source »

...staff of Team Foxcatcher ended last fall when Du Pont threatened him with a submachine gun. "John got in one of his moods." Those moods, according to Chaid, were ruled by alcohol and drugs--which could transform a man described by one neighbor as "kind, generous and mild-mannered," who collected seashells, into someone completely different...

Author: /time Magazine | Title: BLOOD ON THE MAT | 2/5/1996 | See Source »

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