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Reserve

Robert Fogel Quote: “The president has very little effect…”

The president has very little effect on the economy. If you want to put blame or credit, the main person who influences the business cycle is the head of the Federal Reserve Bank.

October 12, 2021 1926, American, July 1, Quotes by Historians, Robert Fogel

Francis Parkman Quote: “We were in all four men…”

We were in all four men with eight animals; for besides the spare horses led by Shaw and myself, an additional mule was driven along with us as a reserve in case of accident.

October 3, 2021 1823, American, Francis Parkman, Quotes by Historians, September 16

Robert C. Solomon Quote: “If a currency is to become…”

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.

April 6, 2021 1942, American, Quotes by Educators, Robert C. Solomon, September 14

Pierre Teilhard de Chardin Quote: “Love is a sacred reserve of…”

Love is a sacred reserve of energy; it is like the blood of spiritual evolution.

November 7, 2020 1881, French, May 1, Pierre Teilhard de Chardin, Quotes by Philosophers

Robert C. Solomon Quote: “The major material advantage, financial advantage…”

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.

October 24, 2020 1942, American, Quotes by Educators, Robert C. Solomon, September 14

Marquis de Lafayette Quote: “Let not ambition take possession of…”

Let not ambition take possession of you; love the friends of the people, but reserve blind submission for the law and enthusiasm for liberty.

October 22, 2020 1757, French, Marquis de Lafayette, Quotes by Revolutionaries, September 6

Robert C. Solomon Quote: “The reserve currency role seems to…”

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.

October 15, 2020 1942, American, Quotes by Educators, Robert C. Solomon, September 14

Hypatia Quote: “Reserve your right to think, for…”

Reserve your right to think, for even to think wrongly is better than not to think at all.

October 10, 2020 350, Greek, Hypatia, Quotes by Philosophers

Robert C. Solomon Quote: “So if the euro, if Euroland…”

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.

September 23, 2020 1942, American, Quotes by Educators, Robert C. Solomon, September 14

Robert C. Solomon Quote: “There is a European Central Bank…”

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.

July 18, 2020 1942, American, Quotes by Educators, Robert C. Solomon, September 14

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