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"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."
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"You cannot truly know pleasure without pain. You cannot truly know strength without weakness. You cannot truly know joy without sorrow. You cannot truly know hope without despair."
"In light, there is no darkness; and in darkness, there is no light."
"As with most things in life, a healthy balance will keep us on the right path. To avoid too much eye contact or too little, seek to create a comfortable mix. It is generally encouraged to use more eye contact when you are listening and less when you are speaking."
"The absolute value of being neutral is zero."
"There is a law of opposition apparent in all life which guarantees balance and fullness."
"This whole life is an art of knowing when to sit and when to stand up!"
"She tried to think about what lay ahead, but soon gave up. 'Words turn into stone,' Nimit had told her. She settled deep into her seat and closed her eyes. All at once the image came to her of the sky she had seen while swimming on her back. And Erroll Garner's 'I'll Remember April.' Let me sleep, she thought. Just let me sleep. And wait for the dream to come."
Explore more quotes by Robert C. Solomon
"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."
"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."
"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."
"The major material advantage, financial advantage from having a reserve currency is that between 200 and 300 billion dollar bills, that may be twenty, fifty, hundred dollar bills as well as ones, exist in the world - a lot of them in Russia as you all know I'm sure."
"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."
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