#reserve

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

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 dollar is currently the principal reserve currency in the world. ↗

— Robert C. Solomon

#currently #dollar #principal #reserve #reserve currency

The major material advantage, financial advantage from having a reserve currency is that between 200 and 300 billion dollar bills, that may be twenty, fifty, hundred dollar bills as well as ones, exist in the world - a lot of them in Russia as you all know I'm sure. ↗

— Robert C. Solomon

#between #billion #bills #currency #dollar

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

Military strength in reserve is better than military strength being reigned upon the other side including all of its innocent civilians. ↗

— Theodore C. Sorensen

#better #civilians #including #innocent #innocent civilians

For a solitary animal egoism is a virtue that tends to preserve and improve the species: in any kind of community it becomes a destructive vice. ↗

— Erwin Schrodinger

#any #becomes #community #destructive #egoism

The modern minds in each generation are the critics who preserve us from a petrifying world, who will not leave us to walk undisturbed in the ways of our fathers. ↗

— Edith Hamilton

#each #fathers #generation #leave #minds

The wisdom of the wise and the experience of the ages is preserved into perpetuity by a nation's proverbs, fables, folk sayings and quotations. ↗

— William Feather

#experience #fables #folk #into #nation

The only real security that a man can have in this world is a reserve of knowledge, experience and ability. ↗

— Henry Ford

#experience #knowledge #man #only #real