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"The dollar is currently the principal reserve currency in the world."
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Exlpore more World quotes
"One half of the world cannot understand the pleasures of the other."
"I have never seen a greater monster or miracle in the world than myself."
"If Galileo had said in verse that the world moved, the inquisition might have let him alone."
"The entire lower world was created in the likeness of the higher world. All that exists in the higher world appears like an image in this lower world; yet all this is but One."
"One could laugh at the world better if it didn't mix tender kindliness with its brutality."
"The world is the puzzle, itself; but it is always in principle."
"Fondue sets, martini shakers and juicing machines: three things the world could live completely without."
"The world breaks everyone, and afterward, some are strong at the broken places."
Explore more quotes by Robert C. Solomon
"In the United States, securities markets are much more developed than they are in Europe."
"There's a stability and growth pact which was agreed for the eleven countries which tries to limit the size of budget deficits among the eleven countries."
"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."
"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."
"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."
"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."
"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."
"The dollar went up some eighty percent in real terms as I recall now or something like that - from '80 to '85."
"Some countries that are close to Europe that already hold Deutschemarks, clearly would automatically hold euros, those are countries in Eastern Europe mainly, a few countries in Africa."
"Love can be understood only "from the inside," as a language can be understood only by someone who speaks it, as a world can be understood only by someone who lives in it."
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