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unusual facts about The Dollar



That Lonesome Song

Written by Johnson along with Lee Thomas Miller and Warner Bros. Records artist James Otto, the song became Johnson's first chart single since "The Dollar" in 2005-2006.


see also

Adam Posen

His most cited and influential publications include the books Restoring Japan's Economic Growth (1998) and Inflation Targeting: Lessons from the International Experience (1999, co-authored with Ben Bernanke, Chairman of the Board of Governors of the Federal Reserve System in the US, et al.), and a series of articles on the political economy of central bank independence, as well as more recent works on the global roles of the dollar and the euro.

Agricultural Adjustment Act

He could have the U.S. Treasury issue up to $3 billion in greenbacks, reduce the gold content of the dollar by as much as 50 percent, or accept 100 million dollars in silver at a price not to exceed fifty cents per ounce in payment of World War I debts owed by European nations.

Ashbritt

The Army Corps of Engineers awarded AshBritt a contract worth $850 million to remove Hurricane Katrina debris in Mississippi, with an option to increase the dollar amount to one billion dollars.

Austin E. Lathrop

The Lathrop Building (516 Second Avenue, completed 1936) would be sold to Jim Whitaker and his wife for what has been publicly described at numerous civic meetings as being pennies on the dollar.

B yen

An announcement was made by the office of Lt. Gen. Donald Prentice Booth (High Commissioner of the Ryukyu Islands and Commanding General of the U.S. Army on the Islands), and as of September 16, 1958, the B yen was replaced with the US dollar, at an exchange rate of 120 B yen to the dollar.

Balance of payments

China has been requested to allow the renminbi to appreciate but until 2010 had refused, the position expressed by her premier Wen Jiabao being that by keeping the value of the renmimbi stable against the dollar China has been helping the global recovery, and that calls to let her currency rise in value have been motivated by a desire to hold back China's development.

Clark Todd

He received the Amos Tuck Award for Best Economic Reporting (1978), on the topic of the Fall of the Dollar; the Overseas Press Club of America Award for Best Documentary (1977), on Eurocommunism; the Bagriel Award (1979), for a report on The Pope in Poland; the Peabody Award (1979); and posthumously, the Michener Award to an individual whose efforts exemplify the best in public service journalism (1983).

Dollar Tree

In 1986, Only $1.00 opened its first five stores and, in 1991, the company decided to focus exclusively on the growth of the dollar store concept after selling K&K stores to KB Toys, a Melville Corp.

East Caribbean dollar

In 1949, the British government formalized the dollar system of accounts in British Guiana and the Eastern Caribbean territories by introducing the British West Indies dollar (BWI$) at the already existing conversion rate of $4.80 per pound sterling (or $1 = 4 shillings 2 pence).

Federal Reserve Deposits

Nixon chose instead of heavily devaluing the dollar against gold, to simply remove the US from the international gold standard.

G. William Miller

In November 1978, only 11 months into his term, the dollar had fallen nearly 34% against the German mark and almost 42% against the Japanese yen, prompting the Carter administration to launch a "dollar rescue package" including emergency sales from the U.S. gold stock, borrowing from the International Monetary Fund, and auctions of Treasury securities denominated in foreign currencies.

Harris-class attack transport

Accordingly, a dozen of the Dollar class vessels were purchased by the War Department and converted into troop transports for service with the US Army, which named most of them after distinguished Army leaders.

Melbourne Zoo

RSPCA Australia President Hugh Wirth accused the zoo of cover-ups of past involvement with the RSPCA and of putting "the dollar before animal welfare".

Plaza Accord

The U.S. Federal Reserve System under Paul Volcker had halted the stagflation crisis of the 1970s by raising interest rates, but this resulted in the dollar becoming overvalued to the extent that it made industry in the U.S. (particularly the automobile industry) less competitive in the global market.

South African rand

A host of local and international events influenced the currency after that, most notably the 1994 democratic election which saw it weaken to over R 3,60 to the dollar, the election of Tito Mboweni as the new governor of the South African Reserve Bank, and the inauguration of President Thabo Mbeki in 1999 which saw it quickly slide to over R 6 to the dollar.