"Chances are the movements of the euro as against the dollar will be relatively moderate"
- Robert C. Solomon
About this Quote
This quote by Robert C. Solomon suggests that the variations in the currency exchange rate between the euro and the dollar will not be extreme. This indicates that the euro will not experience large changes in value versus the dollar. This could be analyzed as an indication of stability in the currency markets, as the euro is not expected to experience big swings in worth. This might be advantageous for investors, as it could supply a more predictable environment for trading. It could also be useful for businesses that depend on the euro for global deals, as they can be more positive in the value of their transactions. In general, this quote recommends that the euro is most likely to stay fairly steady versus the dollar, providing a more foreseeable environment for financiers and businesses.
"Only as long as a company can produce a desired, worthwhile, and needed product or service, and can command the public, will it receive the public dollar and succeed"
"I went to school at this log school house. A white woman was my teacher, I do not remember her name. My father had to pay her one dollar a month for me. Us kids that went to school did not have desks, we used slates and set on the hued down logs for seats"
"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 man who will use his skill and constructive imagination to see how much he can give for a dollar, instead of how little he can give for a dollar, is bound to succeed"
"Stock prices have been quoted in fractions for two centuries, based on a system descended from Spanish pieces of eight. Each dollar was cut into eight bits worth 12.5 cents each"
