Word: peseta
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Dates: during 1960-1969
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...learn, is alive and living in Barcelona. There he sallies forth as a singing bullfighter impaled on the horns of a dilemma. A fop as a matador, a flop as a troubadour, he has decided to leave the corrida and seek a stage career. Down to his last peseta, he desperately accepts a dare by the local impresario (Adolfo Celi), who agrees to book him into his theater on one condition: Sellers must seduce Britt Eklund (Mrs. Peter Sellers offstage), an ice-cold big-league golddigger whose favorite phrase is "Mine...
...economy was; the regime had no way of compiling proper statistics and went out of its way to obscure the ones it had. But by 1959 all signs were bad. At least one-fourth of Spain's total imports, from whisky to machinery, were being smuggled in. The peseta was swinging wildly on the black market. Inflation was rising, production was actually falling...
Over the Howls. In desperation, Franco turned to his young Commerce Minister, Alberto Ullastres, a brooding ascetic who had been arguing futilely for change. On a hot July day in 1959, Ullastres announced a sweeping stabilization plan. Credit was tightened, the budget slashed, the peseta devalued to a realistic 60 to the dollar. With the aid of a $400 million international loan, Ullastres threw open Spain's doors to imports necessary to rebuild its economy. And over the howls of government protectionists, he pushed through a series of measures to encourage foreign investors to enter Spain...