Top 19 Quotes by Robert C. Solomon

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.

There has been talk in Europe about American hegemony being somehow based upon the use of the dollar in the world. I just don't see that connection at all.

In the United States, securities markets are much more developed than they are in Europe.

There is a European Central Bank, of course, established and it has the structure similar to the Federal Reserve system, not precisely the same but similar.

The United States as usual has a sizable deficit in the current account of its balance of payments, trade account and other current accounts, current account items.

There's a stability and growth pact which was agreed for the eleven countries which tries to limit the size of budget deficits among the eleven countries.

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

Chances are the movements of the euro as against the dollar will be relatively moderate.

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.