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.
quote by Robert C. Solomon
Submitted by Lucian Velea
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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.
quote by Robert C. Solomon
Submitted by Lucian Velea
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Common experience is the gold reserve which confers an exchange value on the currency which words are; without this reserve of shared experiences, all our pronouncements are checks drawn on insufficient funds.
quote by Rene Daumal
Submitted by Lucian Velea
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Greed Counts Currency
Greed counts currency
While sheer Poverty cries,
With mocking mirth and glee
And a twinkling of the eye.
Greed counts currency
While a Nation slowly dies
Calloused Shame is empty
As Fear closed Freedom's eyes.
Greed counts currency
As in Anger a people cry
The Lust for Power may see
Them give Revolution a try.
............................. ..........................
December 2 2009
poem by Cynthia Buhain-Baello
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All currency is neurotic currency.
quote by Norman O. Brown
Submitted by Lucian Velea
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But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries.
quote by Martin Feldstein
Submitted by Lucian Velea
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The dollar is currently the principal reserve currency in the world.
quote by Robert C. Solomon
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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.
quote by Robert C. Solomon
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And the trajectory that our debt is taking now beyond $14 trillion is going to have an impact on our currency. It goes south, and our currency's going to have an impact on our standard of living and affect every family in this country, and over time, our international competitiveness.
quote by Jon Huntsman, Jr.
Submitted by Lucian Velea
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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.
quote by Robert C. Solomon
Submitted by Veronica Serbanoiu
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I mean, I'm a conservative. I believe that, you know, if you borrow too much, you just build up debts for your children to pay off. You put pressure on interest rates. You put at risk your economy. That's the case in Britain. We're not a reserve currency, so we need to get on and deal with this issue.
quote by David Cameron
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If we are to meet the growing electricity demand in the United States without significantly increasing emissions of greenhouse gases, we must maintain a diverse supply of electricity, and nuclear power must be part of that mix.
quote by Judy Biggert
Submitted by Lucian Velea
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Demand and Supply
Demand creates its own supply
Most of the times
If there is more demand than supply
The government should encourage
New investment
And if necessary
Encourage import of the shortage
On the other hand
If there is more supply than demand
The government should discourage
New investment
And encourage export
Of the surplus products and services
Thus
A country can balance demand and supply
For the welfare of its people
poem by Asif Andalib
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There never has been a time in our history when work was so abundant or when wages were as high, whether measured by the currency in which they are paid or by their power to supply the necessaries and comforts of life.
quote by Benjamin Harrison
Submitted by Lucian Velea
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Rent
(again... again... again... ooooh
(again... again... again... again... ...)
You dress me up, Im your puppet
You buy me things, I love it
You bring me food, I need it
You give me love, I feed it
And look at the two of us in sympathy
With everything we see
I never want anything, its easy
You buy whatever I need
But look at my hopes, look at my dreams
The currency weve spent
(ooooh) I love you, oh, you pay my rent
(ooooh) I love you, oh, you pay my rent
You phone me in the evening on hearsay
And bought me caviar
You took me to a restaurant off broadway
To tell me who you are
We never-ever argue, we never calculate
The currency weve spent
(ooooh) I love you, oh, you pay my rent
(ooooh) I love you, you pay my rent
(ooooh) I love you, oh, you pay my rent
Im your puppet
I love it
And look at the two of us in sympathy
And sometimes ecstasy
Words mean so little, and money less
When youre lying next to me
But look at my hopes, look at my dreams
The currency weve spent
(ooooh) I love you, oh, you pay my rent
(ooooh) I love you, you pay my rent
(ooooh) ooh, I love you, you pay my rent
Look at my hopes, look at my dreams
The currency weve spent
(ooooh) I love you, oh, you pay my rent
(ooooh) I love you, you pay my rent
Look at my hopes, look at my dreams
The currency weve spent
(ooooh) I love you, oh, you pay my rent
(ooooh) I love you, you pay my rent
(ooooh) I love you, you pay my rent (its easy, its so easy)
(ooooh) you pay my rent (its easy, its so easy)
(ooooh) you pay my rent (its easy, its so easy)
(ooooh) I love you (its easy, its so easy)
(its easy, its so easy)
(its easy, its so easy)
(its easy, its so easy)
(its easy, its so easy)
(its easy, its so easy)
(its easy, its so easy)
song performed by by Pet Shop Boys
Submitted by Lucian Velea
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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.
quote by Robert C. Solomon
Submitted by Lucian Velea
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the moneys funny...by Talile Ali
our monetary system is a fraudulent illegal
ponsy scheme.
the federal reserve creates wealth annually
for the budget of the US.
this currency is then deposited
into banks by the US
with an understanding that they may now
lend up to ten times
of these deposits to prospective lenders.
then people borrow this non existent capital with interest
then people repay these baseless loans,
never knowing that they never borrowed anything in the first place
this is fraud
thanks to Barney Madoff
we now know how much of one
Shame on the US for allowing this to happen.
Shame on us for not doing anything to stop it.
Don't act like you didn't know something was and is still wrong.
everybody knew.
but what can we do?
a lot and yet too few
this world is a mess
because we have allowed babies
to run the entire ship
based on how loudly and eloquently
they wail.
it is time for all of us to take a stand.
as to these fraudulent banking practice.
these sons a itches
need to be taken to court,
brought up on criminal charges
and sued.
we need to restored a real system of human credit
if we are going to create wealth for me and you
the currency
could be based upon our population.
for example, each person is worth the estimated value of their life time
of contributions to our society.
lets say for example 5 million dollars
multiply that by the number of folks in the nation
and you have the amount of wealth
the country can always develop currency upon.
needless to say,
from that point, it is easy.
so, corporations will not be able
to manipulate the masses as well
they have to make due to their fabrication of wealth
on the part of industry
but, the plus so outweigh the minus
next, make it law
that anyone who attempt to defraud
anyone else will be severely fined.
no prison time.
just all of their accumulated wealth
and their families accumulated wealth
will be attached by the state
that's all.
simple laws for a simpler and more just world.
poem by Talile Ali
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The Panhandler
The panhandler sits on the street corner.
He asks me, "Spare some change? "
Like an empty vessel, I walk past him.
I see him as another empty vessel.
Some throw him a dime,
But I treat him as a vapor.
My spirit tugs at me.
My mind says he is a ghost,
But my ghost says he is real.
The currency he needs is my time.
He might be looking for his next fix,
But what will it fix?
Another lost soul, looking to get even more lost.
The root of all evil is planting another seed of discontent.
If my God is money,
Your free time has no value to me.
Anything that is free is void of value,
But time is really my only currency.
I only see the value of my own and not another's.
My account has no statement,
For when it is gone,
I will be broke.
I hoard it as if I were broke.
Investing only in myself.
It is why I feel broken.
Some time left in my breast pocket?
It beats to help he who is beat.
Spare time is something I have.
For it really is my true value,
Given from the heart of God.
If I lend some of mine to another,
It makes Him proud.
It is the core of my love.
It is the gift of His love.
He is truly my bank.
I bank on Him,
I count on Him,
I trust in Him.
Currency says "In God We Trust",
But can God trust in me?
Investing my time,
In one who is broke.
The dividend is joy.
The change in the pan will be spent.
Could he be searching for my gold?
I fill another's heart,
I see my investment grow.
With God's currency,
I am truly rich.
Though, I am only on borrowed time.
For the panhandler was just an angel.
God's teller.
Telling God if I made a deposit or withdrawal.
God knows my balance,
As He holds my account.
He knows to which God,
I am accountible to.
And if my spirit is balanced.
poem by Ryan Lee Morris
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Supply And Demand
My boss he's a probable bore.
Put me hands and knees on scrubable floor.
Do it right receive the lions share bliss.
Know all too well just where that ration is.
Learned a lot about the company doe.
Learned less about receiving it though.
Saw how it came to those who always sat pretty.
Don't need it.
Supply and demand.
My girl had a probable cause or so she said and took a probable pause.
I was dumped for occupying her time.
I asked her why and what was next in line.
She said "Shiny hair that's my life ambition
but I'll devote my time to a new omission the rizzle-razzle kitsch of paranoid city".
Don't need it.
Supply and demand.
Supply and demand.
song performed by by The Hives from Veni Vidi Vicious
Submitted by Lucian Velea
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The Economy Of Mercy
There�s just two ways to lose yourself in this life
And neither way is safe
In my dreams I see visions of the future
But today we have today
And where will I find You?
In the economy of mercy
I am poor and begging man
In the currency of grace
Is where my songs begins
In the colors of Your goodness
In the scars that mark Your skin
In the currency of grace
Is where my song begins
These carbon shells
These fragile dusty frames
House canvases of souls
We are bruised and broken masterpieces
But we did not paint ourselves
And where will I find You?
Where was I when the world was made?
Where was I?
I�m lost without You here
Yes, I�m lost without You near me
I�m lost without You here
You knew my name when the world was made
song performed by by Switchfoot
Submitted by Lucian Velea
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It's not so unusual to run out of someone else's currency.
quote by Jeffrey Sachs
Submitted by Lucian Velea
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