dollarizes
Switches to bucks
Dollarizes means adopts the U.S. dollar as official currency, replacing a national currency.
Countries dollarize to combat hyperinflation or stabilize their economies: Ecuador dollarized in 2000 after its currency collapsed.
The term extends to any shift toward dollar-denominated transactions: The black market dollarizes when local currency becomes worthless.
Cylindrical fastening pins
- denominatesFormally names something
- benchmarksStandards for measuring performance
- standardizesMakes uniform or consistent
- indexesAlphabetized reference guides
converts · exchanges · forex · currency · revalues · devalues · stabilizes · anchors
Derives income from
- commodifiesMakes into tradeable goods
- convertsThose who switched faiths
- quantifiesDetermines the amount of
- pricesAmounts charged for goods
values · costs · calculates · appraises · assesses · measures · evaluates · estimates
Makes into tradeable goods
- cheapensReduces in value
- reducesMakes less in quantity
- trivializesMakes light of
- dehumanizesStrips away personhood
exploits · commercializes · corporatizes · monetizes · profiteers · capitalizes · quantifies · objectifies
pegs
Cylindrical fastening pins
- denominatesFormally names something
- benchmarksStandards for measuring performance
- standardizesMakes uniform or consistent
indexes · converts · exchanges · forex · currency · revalues · devalues · stabilizes · anchors · trades
monetizes
Derives income from
- commodifiesMakes into tradeable goods
- convertsThose who switched faiths
- quantifiesDetermines the amount of
prices · values · costs · calculates · appraises · assesses · measures · evaluates · estimates · rates
commodifies
Makes into tradeable goods
- cheapensReduces in value
- reducesMakes less in quantity
- trivializesMakes light of
dehumanizes · exploits · commercializes · corporatizes · monetizes · profiteers · capitalizes · quantifies · objectifies · privatizes