Phrase by 'Robert C. Solomon'
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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.
Author: Robert C. Solomon - American EducatorLove , World , Language , Someone
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.
Author: Robert C. Solomon - American EducatorWill , Become , Question , Europe
There is a European Central Bank, of course, established and it has the structure similar to the Federal Reserve system, not precisely the same but similar.
Author: Robert C. Solomon - American EducatorSystem , Structure , Same , Bank
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.
Author: Robert C. Solomon - American EducatorWill , Become , Balance , Currency
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.
Author: Robert C. Solomon - American EducatorWorld , Think , Like , Influence
The dollar is currently the principal reserve currency in the world.
Author: Robert C. Solomon - American EducatorWorld , Dollar , Principal , Currency
Chances are the movements of the euro as against the dollar will be relatively moderate.
Author: Robert C. Solomon - American EducatorWill , Against , Dollar , Chances
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.
Author: Robert C. Solomon - American EducatorTrade , United States , United , Balance
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.
Author: Robert C. Solomon - American EducatorMore , Back , Today , Balance
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.
Author: Robert C. Solomon - American EducatorPeople , Some , Some People , Europe
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