"The dollar is currently the principal reserve currency in the world."

World,

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"The dollar is currently the principal reserve currency in the world."

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"Everyone thinks of changing the world, but no one thinks of changing himself."

Leo Tolstoy, Russian Novelist

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Lewis Carroll, English Author

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"Don't learn to do, but learn in doing. Let your falls not be on a prepared ground, but let them be bona fide falls in the rough and tumble of the world."

Samuel Butler, British Poet

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"Irreligion - the principal one of the great faiths of the world."

Ambrose Bierce, American Journalist

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Samuel Johnson, English Author

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"One half of the world cannot understand the pleasures of the other."

Jane Austen, British Writer

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"The world is not black and white. More like black and grey."

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"Cannot you conceive that another man may wish well to the world and struggle for its good on some other plan than precisely that which you have laid down?"

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Explore more quotes by Robert C. Solomon

"There has been talk in Europe about American hegemony being somehow based upon the use of the dollar in the world. I just don't see that connection at all."

Politics

"So if the euro, if Euroland is to become a reserve center, if the euro is to become a reserve currency, Euroland will have to have a deficit in its overall balance of payments."

Balance

"In the United States, securities markets are much more developed than they are in Europe."

Geography

"To the extent that the United States has, I don't like the word hegemony, the United States has influence around the world, I don't think that's based on to any significant degree on the fact that countries use the dollar as their major reserve."

Nation

"Back in those days, in the fifties and sixties, countries had balance of payment's deficits or surpluses, those were reflected much more than today in movements of reserves among countries."

Balance

"The United States as usual has a sizable deficit in the current account of its balance of payments, trade account and other current accounts, current account items."

Balance

"Another question has been raised rather widely in Europe, in Japan as well as in the United States is what, to what extent will the euro become a reserve currency."

Geography

"Chances are the movements of the euro as against the dollar will be relatively moderate."

Will

"The dollar went up some eighty percent in real terms as I recall now or something like that - from '80 to '85."

Now

"The reserve currency role seems to add prestige to an area and some people in Europe have talked about the desirability of the euro becoming an international reserve currency."

People