#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

There are congressmen in our congregation, judges, federal reserve governors. And there are also people who are homeless and some who are mentally ill. To be able to talk to each of those people is something that I've had to learn how to do over the years. ↗

— James Green Somerville

#also #congregation #congressmen #each #federal

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

The function of the law is not to provide justice or to preserve freedom. The function of the law is to keep those who hold power, in power. ↗

— Gerry Spence

#function #hold #justice #keep #law

I would say that, in the future, the book will be reserved for things that function best as a book. So, if I need a textbook that's going to be out of date because of new technological inventions, you're better off having it where you can download the supplements or the update. ↗

— Art Spiegelman

#best #better #better off #book #date

Ron Paul's crazy talk about the Federal Reserve makes more sense these days. Right now, every - all this debt issued by the United States people assume the Chinese are buying, no they don't want any more American debt. Ron Paul has a point there. ↗

— Mark Steyn

#american #any #assume #buying #chinese