Once outlawed as the currency of imperialism, greenbacks suddenly became not just accepted but necessary. |
Chinese companies that export to the United States receive greenbacks that they convert in their commercial banks, through their central bank. |
As the currency started to slip in May, companies with future-debt obligations denominated in dollars rushed to buy greenbacks. |
For months now, they've been trading in their pesos for greenbacks and stuffing them under their mattresses or spiriting their money overseas. |
Only the government can get greenbacks at the official rate, and only by using force. |
Stars who were paid fifty grand in greenbacks at Carnegie Hall settled for thirty percent of that on the South Bank. |