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...leaving you with a $2 trillion national debt. Along with your own problems and your own bills, you're going to get the privilege of handling some of mine. I'll tell you one thing: don't try to pay it off in cash. It would take the U.S. Mint 57 years, two months and two weeks just to print it. We've been using your credit card, and you didn't even know...

Author: /time Magazine | Title: Education: A Few Words Before Going Forth | 6/9/1986 | See Source »

...unexpected rise in the value of Liberty coins reflects a misjudgment on the part of Congress, dealers say. Two years ago, the lawmakers authorized the Treasury to mint 2 million commemorative gold coins honoring the Los Angeles Olympics, the first such special issue since 1932. Demand, however, was slack, possibly because collectors thought that additional Olympic coins might be issued every four years. Determined not to flood the market again, Congress this time ordered Treasury officials to mint only 500,000 of the gold coins for the Liberty series. But collectors, realizing that Miss Liberty's centennial is unique, drove...

Author: /time Magazine | Title: Investments: The Liberty- Coin Craze | 6/9/1986 | See Source »

...confused, rather rightly, about why there was such a furor over SI. He asked, "whom does this issue hurt?" As a single, sans-nudity, sans-violence "tribute to swimwear," probably no one in particular. Elle Macpherson was not only willing and happy to pose; she probably made a mint. And as Mr. Zucker suggests, those who don't like it aren't forced to read...

Author: By Melissa I. Weissberg, | Title: Not Saying Much | 2/13/1986 | See Source »

...comparison with many other nations where drinking is deeply woven into the fabric of social life. Changes now are also visible abroad. Thanks to a government sobriety pitch and a burgeoning fitness trend, in 1984 French consumption of table wine was down 4% from the year before. Diabolo Menthe (mint-flavored fizzy lemonade) and Brut de Pomme (a cider) are the latest nonalcoholic quaffs at cafes. "People used to drink wine with their meals as a matter of course," Claude Vilain, of France's Committee for Health Education, says. "Now it's something for weekends and guests." Perhaps, but whiskey...

Author: /time Magazine | Title: Living: Water, Water Everywhere | 5/20/1985 | See Source »

...took advantage of the favorable rates to buy a dressing table for her new apartment. "I searched one of the famous Parisian flea markets for an antique coiffeuse," she says. "It is precisely what I wanted: a place to fix my coiffure. I found one 19th century piece in mint condition and at a good price, but it had just been bought by another American, who was paying an additional $500 to ship it to New York. Maybe the exchange rate is getting a little too favorable." Phillips, a budding oenophile, is hoping the healthy dollar will help expand another...

Author: /time Magazine | Title: A Letter From the Publisher: Apr. 22, 1985 | 4/22/1985 | See Source »

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