Have items always show up on ground

How exactly do I make this work?
If I press Z to toggle that thing, I can see chests etc always, but white (maybe not rares either, not sure) weapons/items does not show up unless I hold ALT.

I looked if there was some sort of filter-settings for items in UI/Controls but I could not find anything.
Maybe there used to be a long time ago and I changed it then?
I used to play the beta back in April of 2011.
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