Robert C. Solomon

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. ↗

— Robert C. Solomon

#language #lives #love #only #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. ↗

— Robert C. Solomon

#become #been #currency #euro #europe

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. ↗

— Robert C. Solomon

#back #balance #countries #days #deficits

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

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. ↗

— Robert C. Solomon

#already #automatically #clearly #close #countries

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

— Robert C. Solomon

#currently #dollar #principal #reserve #reserve currency

The dollar went up some eighty percent in real terms as I recall now or something like that - from '80 to '85. ↗

— Robert C. Solomon

#eighty #i #like #now #percent