The dollar is currently the principal reserve currency in the world.
quote by Robert C. Solomon
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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
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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
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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
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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
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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
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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
Submitted by Lucian Velea
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I Have Reserved Time to Write This; Why?
I sat in the nature reserve
Watching the animals playing football
I was just a reserve
Not in the first eleven
I had a seat in the theatre reserved
I watched the play unfold
I not an actor I’m too reserved
I’m in the audience where I belong
I was called up by the army
Served before; but they wanted me to re-serve
I was playing tennis; the ball went wide
They made me re-serve
Reserve your energy
Reserve your nerve
Keep your humour in reserve
Keep your reserve in reserve
I reserve the right to say you asked me to write this
And I have kept the best in reserve
You will have to reserve an appointment
With a proper poet after you’ve read this
An anagram of reserve
Is reverse
I wish I could reverse time
Then I wouldn’t have wrote this
poem by Michael Micmac Mccrory
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Believe me, the next step is a currency crisis because there will be a rejection of the dollar, the rejection of the dollar is a big, big event, and then your personal liberties are going to be severely threatened.
If the Federal Reserve pursues a strong dollar at home while the dollar becomes more competitive in global markets, we can achieve both price stability and a more balanced path of economic growth.
quote by Martin Feldstein
Submitted by Lucian Velea
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We Are Running On Reserve...(raw, For Edit/revision)
we've been together for so long...
know which route we always take...
when the rains blur our windshields
and the sun heat our seats...
we sleep atop the moon bathed hill...
on beaches with calming waves...
roamed each road we never planned to take
but never we have felt before...
we are running on reserve...
we just cannot tell...
because we are running on reserve
our ride could not end well...
we are running on reserve
we are running on reserve...
we are running on reserve...
a red light keep flashing unnoticed
each bump were too much to take
we are running on reserve
so our end, we cannot tell...
the headlights are dim,
the horns shout making us deaf
the brakes push automatically
we are running on reserve...
and we near our end
poem by Albert Arsenio Sison
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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
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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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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.
quote by Robert C. Solomon
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Last Dollar On Earth
Yeah!
Line up!
Step right this way to see the last dollar on earth
Sign up!
The bus leaves today to see the last dollar on earth
Behold the wonder of the modern age
Displayed resplendent in its gilded cage
Theres not another in the world today,
And you just cant take it with you
All night!
Theres a special tonight about the last dollar on earth
Thats right!
And all the pundits were right about the last dollar on earth
Its always occupied a special space
We keep a guard around it just in case
Many have died to have its fleeting grace,
But you just cant take it with you
Get set!
Only one pint of blood
To see the last dollar on earth
No sweat!
Only one ounce of flesh to touch the last dollar on earth
When we lose exposure in its permanent enclosure
Then you can be sure that well take it on tour
So when it comes to call at your local shopping mall
Though the crowds may be large,
You can put it on your mastercharge
song performed by by Utopia
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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America's largest trade deficit is with China, a nation that enjoys Permanent Normal Trade Relations with the U.S. and ties its currency to the dollar to make it a more competitive trading partner.
quote by Jo Ann Emerson
Submitted by Lucian Velea
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College
Here I am searching principal
So many lecturers are here
In this college and they
Teaches so many subjects
For allround welfare
I am wayward
I am insearch of the principal.
The college is store house of knowledge
And I am within the college
Here neither I am getting any knowledge
Nor applied any at any time at any place
Without rudimentary or basic knowledge
I am getting pain and you the principal
Without uttering a word watching all day.
The college is my phyical body
The lecturers are the saints
And I am in dark in my body
And unable to know anything
And You My lord My Atma My supreme
My LOve and Everything My principal
I am searching you day and night.
poem by Gajanan Mishra
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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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Money (Dollar Bill) (feat. Sadat X)
Dollar dollar bills
Deutch, marks, franks, yens, and pounds
I rock the jocked up sounds
From Devenshire Downs
Out the Fordham Road
Up top in the boogie
I be loyal to my peeps
Like budha stud doogie
Never very bad news
Payin' crazy dues
I'm blowin' out crews
And tamin' mad shrews
Like Bill Shakespeare
The fakes will disappear
The flavor in your ear
Is strong like Everclear
Two hundred proofs
So put the match to the roof
And set this bitch on fire
Get rich, the empire's
About to strike back
If you rock the mic wack
And that's the way it is 'cause yo
It's like that
Sadat X: Money, money y'all
It be the root of all evil
Sadat X: Money, money y'all
It makes you popular with people
I go back to the 80's
Like three times a lady
When it was pussy for free
And crack for currency
It just occurred to me
It's time for surgery
I remove MC's like tumors
The lies and the rumors
Got me thinkin' of this dub
By Timex Social Club
Yo, word to my momma
I'm high off the trauma
Whitey Ford gets deeper than subway trains
And I serve lazy fools like fast food chains
All pain no gain
Makes the brain insane
Life in the fast laneT
he flakesThe cash gains (for real)
CHORUS (X2
Sadat X: Dollar bill y'all
Dollar bill y'allDollar dollar dollar dollar dollar bill y'all
It takes money
Sadat X: to get that fly ass ho
It takes money
Sadat X: to see me rock a live show
It takes money
Sadat X: to get that last bag of smoke
Cause they kindly take from it when that ass was broke
Hey yo I'm about to g-off
Just like my name was Ed-o
Black kids call me whi
song performed by by Everlast
Submitted by Lucian Velea
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All currency is neurotic currency.
quote by Norman O. Brown
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