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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.


Robert C. Solomon


#become #center #currency #deficit #euro



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About Robert C. Solomon





Did you know about Robert C. Solomon?

After earning a B. Solomon was particularly interested in the idea of "love" arguing against the notion that romantic love is an inherent state of being and maintaining that it is instead a construct of Western culture popularized and propagated in such a way that it has achieved the status of a universal in the eyes of many. His wife philosopher Kathleen Higgins with whom he co-authored several of his books is a Professor of Philosophy at University of Texas at Austin.

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