Robert C. Solomon Quotes

The dollar went up some eighty percent in real terms as I recall now or something like that - from '80 to '85.

- Robert C. Solomon

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Dollar | Percent | Real | Terms | Recall |

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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. - Robert C. Solomon

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. - Robert C. Solomon

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. - Robert C. Solomon