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.

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.

I'm a hard worker and I really give to my fans through my shows.

Early this morning, I signed my death warrant.

Black English is something which - it's a natural system in itself. And even though it is a dialect of English, it can be very difficult for people who don't speak it, or who haven't been raised in it, to understand when it's running by quickly, spoken in particular by young men colloquially to each other. So that really is an issue.

If you scratch a great photograph, you find two things; a painting and a photograph.

An atheist strives for involvement in life and not escape into death.

People talk about method actors, meaning someone that's prepared very, very well, or whatever they mean when they talk about it. But the right method is whatever works for you. And what works for me on any given day is going to be different.

The longer you hang in there the greater the chance that something will happen in your favor. No matter how hard it seems the longer you persist the more likely your success.

I just went to Hebrew school, had a bar mitzvah. No crazy weird Jewish cult.

The true essence of a dictatorship is in fact not its regularity but its unpredictability and caprice those who live under it must never be able to relax must never be quite sure if they have followed the rules correctly or not.

True friends are like diamonds – bright, beautiful, valuable, and always in style.

On even the worst days, when nothing was working at the lab, I knew that at home I would find warmth, peace, companionship, and encouragement. As a consequence, the next day would surely be better.

I like knowing where I am in action sequences if I'm supposed to.

I don't see a day when teenagers don't read. They are very enthusiastic. That is so inspiring to me.

The style depends on the subject.

At some point you have to sit down and face the page alone. At some point the final decisions need to be yours. At some point you have to give yourself deadlines and stick to them.

Banning paper and plastic and making shoppers carry their groceries home in their mouths like dogs is just the thing to make a little tin humanist in the Obama West Wing think he's admiral of the Uzbek Navy.

You cannot afford a world with slavery, which literally takes someone and turns them into a machine.

Experience is a private, very largely speechless affair.

Ted Williams is one of the best hitters ever to play the game, and I didn't get a chance to see him play, so all I could do was read books and look at pictures.

Obviously, I'm attracted to heavier movies.

I've lost friends, perhaps dozens. But I've gained hundreds, thousands - who knows? - of allies.

If I could give you information of my life, it would be to show how a woman of very ordinary ability has been led by God in strange and unaccustomed paths to do In His service what He has done in her. And if I could tell you all, you would see how God has done all, and I nothing.

Don't feel guilty for doing what's best for you.