Robert C. Solomon Quotes About Currency

Quotes about: Currency

• 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

  Japan, Europe, United States

• 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

  Growing, Demand, Currency

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

  Robert C. Solomon

  Dollars, World, Currency

• 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

  Balance, Currency, Payment

• 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

  Russia, Twenties, Dollar Bills

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