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"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."
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"The dollar is currently the principal reserve currency in the world."
World
"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
"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."
Nation
"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
"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."
Love
"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
"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
"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
"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."
Finance
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"Ghana, a land full of Gold! Africa, a land full of resources!"
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Personal Development
"I grew up in Columbus, Indiana, a kind of industrial and farmland place."
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"The silver Thames takes some part of this county in its journey to Oxford."
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Personal Development
"When I was in the fourth grade, I became intensely interested in geography and I learned it well."
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Personal Development
"The States which form the northern border of the United States westward from the Great Lakes to the Pacific coast include an area several times larger than France and could contain ten Englands and still have room to spare."
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Personal Development
"A journey of four hundred and thirty miles can be made in any part of the United States, but in Turkey it takes as many days."
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"Somebody said that I am the last American living the tragedy of Europe."
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Personal Development
"There isn't a parallel of latitude but thinks it would have been the equator if it had had its rights."
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Personal Development
"How can the mind take hold of such a country? Generations of invaders have tried, but they remain in exile. The important towns they build are only retreats, their quarrels the malaise of men who cannot find their way home. India knows of their trouble. She knows of the whole world's trouble, to its uttermost depth. She calls "Come" through her hundred mouths, through objects ridiculous and august. But come to what? She has never defined. She is not a promise, only an appeal."
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Personal Development
"Dr. David Livingstone left the Island of Zanzibar in March, 1866."
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Personal Development
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