The dollar is currently the principal reserve currency in the world.
Many people are blind to trust, not so much to its benefits as to its nature and the practices that make it possible.
True, trust necessarily carries with it uncertainties, but we must force ourselves to think about these uncertainties as possibilities and opportunities, not as liabilities.
Trust and the ability to identify trustworthiness are not the same thing, although trust and trustworthiness are logically linked.
Trust is a skill learned over time so that, like a well-trained athlete, one makes the right moves, usually without much reflection.
Trust is a skill, one that is an aspect of virtually all human practices, cultures, and relationships.
We also confuse trust with familiarity.
There’s a stability and growth pact which was agreed for the eleven countries which tries to limit the size of budget deficits among the eleven countries.
Building trust begins with an appreciation and understanding of trust, but it also requires practice and practices.
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.
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.
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 prices of all imports would rise if the dollar depreciates.
Your own soul is nourished when you are kind; it is destroyed when you are cruel.
Being cheerful keeps you healthy.
Whoever stubbornly refuses to accept criticism will suddenly be broken beyond repair.
Better the anger of a friend than the kiss of an enemy.
It is the glory of God to conceal a thing: but the honour of kings is to search out a matter.
Love is as strong as death; its jealousy as unyielding as the grave. It burns like a blazing fire; like a mighty flame. Many waters cannot quench love, rivers cannot wash it away.
Words kill, words give life; they’re either poison or fruit – YOU choose.