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

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.

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.

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

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.

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

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.

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.

On private transactions, I'll just go very quickly now, a major difference between the United States and Euroland is that in Europe banks are much more important in financial transactions than in the United States.

The prices of all imports would rise if the dollar depreciates.

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

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.

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.

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.

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.

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.

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.

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

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 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.

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.

All trust involves vulnerability and risk and nothing would count as trust if there were no possibility of betrayal.

Trust is a skill, one that is an aspect of virtually all human practices, cultures, and relationships.

Trust is a skill learned over time so that, like a well-trained athlete, one makes the right moves, usually without much reflection.

Trust opens up new and unimagined possibilities.

Building trust means thinking about trust in a positive way.

If you think it's going to rain, it will.

Set religion free, and a new humanity will begin.

Unless the reformer can invent something which substitutes attractive virtues for attractive vices, he will fail.

Every American deserves to live in freedom, to have his or her privacy respected and a chance to go as far as their ability and effort will take them - regardless of race, gender, ethnicity or economic circumstances.

It will take a long time, and certainly the West will remain the dominant civilization well into the next century, but the decline is occurring.

Given a fair wind, we will negotiate our way into the Common Market, head held high, not crawling in. Negotiations? Yes. Unconditional acceptance of whatever terms are offered us? No.

I think I've become a much better singer and a much better player. Years and years of playing a couple of hours every day will do that.

To hard necessity ones will and fancy must conform.

Almost everyone will find something in our services worth paying for.

I frankly don't care if you agree with my stand on abortion. I take that stand because no other stand is consistent with decent principles, and no other standard is consistent with the will of God.

Let us eat and drink neither forgetting death unduly nor remembering it. The Lord hath mercy on whom he will have mercy, etc., and the less we think about it the better.

Journeys, like artists, are born and not made. A thousand differing circumstances contribute to them, few of them willed or determined by the will-whatever we may think.

There are those, I know, who will reply that the liberation of humanity, the freedom of man and mind, is nothing but a dream. They are right. It is. It is the American Dream.

I want to thank all the fans for their support over the years. Keep supporting the Knicks, we're moving in the right direction here and we will be exciting to watch and competing against the best in the NBA. Come back to the Garden for those exciting games.

How you think when you lose determines how long it will be until you win.

And it was only released in London last week, so when I go back to England Monday or whatever, I am expecting heaps of adulation. I'm hoping there is. If that doesn't happen I will be disappointed.

I realize that much will be asked of me, yet I am resolved to accept it as a great and splendid task.

You will never know the feeling of a driver when winning a race. The helmet hides feelings that cannot be understood.

The successful establishment of a buffer zone around Fort Carson will provide an example for other bases around the country as we seek to protect the training mission of the U.S. military while preserving critical habitats on our ranges.

Most bands have a sound that they're already identified with, so for the producer it becomes a process of helping them find their muse in the studio to make a record that will not only satisfy them artistically, but will also do something in the marketplace.

I was lucky enough to occasionally break out of that racist situation that prevails in the Hollywood film production community. But it was racist then and it will always be that way. It will never be otherwise.

At the end of your life, you will never regret not having passed one more test, not winning one more verdict or not closing one more deal. You will regret time not spent with a husband, a friend, a child, or a parent.

Accidents will happen in the best regulated families.