#reserve currency

I mean, I'm a conservative. I believe that, you know, if you borrow too much, you just build up debts for your children to pay off. You put pressure on interest rates. You put at risk your economy. That's the case in Britain. We're not a reserve currency, so we need to get on and deal with this issue. ↗

— David Cameron

#borrow #britain #build #case #children

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. ↗

— Robert C. Solomon

#add #area #becoming #currency #desirability

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

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