top of page
.png){kind=small}
"On private transactions, I'll just go very quickly now, a major difference between the United States and Euroland is that in Europe banks are much more important in financial transactions than in the United States."
Standard
Customized
Exlpore more Finance quotes
"Creditor. One of a tribe of savages dwelling beyond the Financial Straits and dreaded for their desolating incursions."
"I believe Money is too important to leave in the hands of government officials."
"Once you deposit that money in your checking account, it becomes the bank's money and you're just another one of their creditors."
"Money is only a problem to those that aren't willing to develop a higher conscience about how to master it."
"Organized scarcity is the best way to increase your profits.This is the idea of the ends justify the means. There are second and third order effects that will take away all of the gains and then some. Wisdom is better than gold, peace is better than profit."
"A sure way to go broke is to spend your outer riches before you have saved enough of your inner ones."
"Sharpen and trust your judgement: learn when spending is a shrewd investment and when it is merely an indulgence."
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."
"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."
"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."
"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."
"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."
"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."
"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."
"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."
"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 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."
bottom of page