#de

Chances are the movements of the euro as against the dollar will be relatively moderate. ↗

— Robert C. Solomon

#chances #dollar #euro #moderate #movements

If a currency is to become a growing, an increasing reserve currency, there has to be not only a demand for it there has to be a supply of it. ↗

— Robert C. Solomon

#currency #demand #growing #increasing #only

In the United States, securities markets are much more developed than they are in Europe. ↗

— Robert C. Solomon

#europe #markets #more #much #securities

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

The prices of all imports would rise if the dollar depreciates. ↗

— Robert C. Solomon

#dollar #imports #prices #rise #would

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. ↗

— Robert C. Solomon

#among #budget #budget deficits #countries #deficits

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. ↗

— Robert C. Solomon

#around #based #countries #degree #dollar

Call no man happy until he is dead, but only lucky. ↗

— Solon

#dead #happy #lucky #man #only

Let no man be called happy before his death. Till then, he is not happy, only lucky. ↗

— Solon

#called #death #happy #his #lucky

No one can be said to be happy until he is dead. ↗

— Solon

#dead #happy #said #until