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.

If I want mashed potatoes, I make cauliflower mashed potatoes, which taste exactly the same. I basically just take all of my cravings and make them low carb.

To be sincere means to be the same person when one is with oneself; that is to say, alone - but that is all it means.

At a very young age I was allowed to go into the cinema and watch adult films.

Do your homework and know your business better than anyone. Otherwise someone who knows more and works harder will kick your ass.

I don't see any situation where Israel will not be sitting on the Golan Heights.

I like people wanting to know about me.

I'm a commercial-minded songwriter. I'm here to make a living and be on the radio.

It is our task to provide policies suited to the different situations of today.

Musically, I have my project, '30058.' It's seven songs, like an EP or mixtape, but I call it a soundtrack because I feel like my life is a movie, and all the songs are moments in my life.

Writing is such a singular and lonely occupation. And it's interesting; all of the work that you create is so singular.

The internet was supposed to make this whole business of job searching rational and simple. You could post your resume and companies would search them and they'd find you. It doesn't seem to work that way. There aren't enough jobs for experienced, college educated managers and professionals.

The secret to happiness is to put the burden of proof on unhappiness.

False hope is nicer than no hope at all.

I can stand brute force, but brute reason is quite unbearable. There is something unfair about its use. It is hitting below the intellect.

I don't like a lot of frills and fusses.

One's destination is never a place but rather a new way of looking at things.

In the old days, money controlled politics. Today, information controls politics. So I think with the advent of the Internet, the power of wealth has been diminished. Look up all the people you know who spent millions and millions of dollars and fell short.

Mess with the bull and one usually gets the horns.

I was blessed in the sense that I got handed so much early on in life. I got a lot of the things people go through their 20s and 30s craving.

I passed my classes because I displayed effort, not because I learned math. But how can we help young people understand life rarely gives partial credit for effort, especially if that effort doesn't lead to understanding or success?

I curate my T.V.-watching quite carefully.

Language is a living, kicking, growing, flitting, evolving reality, and the teacher should spontaneously reflect its vibrant and protean qualities.

In all honesty, Hilary Clinton can't fill a Starbucks even if they offered free ventis.