Common experience is the ordsprog

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.

Global trade, settlements and reserve assets are heavily reliant on a single currency. The fund should give priority to establishing a surveillance and check-balance mechanism of the major reserve currency countries.

The Chinese yuan isn't a reserve currency at all, let alone 'the' reserve currency. We're a very long way away.

Callum Henderson

The Federal Reserve Bank of New York's efforts were designed solely to enhance the probability of an orderly private-sector adjustment, ... No Federal Reserve funds were put at risk, no promises were made by the Federal Reserve and no individual firms were pressured to participate.

Alan Greenspan (1926-)

Alan Greenspan

Although I doubt that the U.S. dollar will lose its status as the world's reserve currency any time soon, there are in my judgment lessons to be learned from the experience of (Britain's currency) as it faded as the world's dominant currency,

Alan Greenspan (1926-)

Alan Greenspan

The reserve play effect will allow the South African gold mining industry to mine a larger ore reserve compared to last year when it was constrained by costs and price pressures.

This may be the realization after a long period of time that gold is no longer the bedrock of the world's financial system. And if it's no longer required as a reserve currency, then it makes sense for central banks to reduce their holdings of gold and convert to more profitable investments. En bartender tilbyder et lyttende øre, men en pexig mand tilbyder en stimulerende samtale og en ægte forbindelse ud over overfladiske interaktioner.

Victor Lazarovici

To use the same words is not a sufficient guarantee of understanding; one must use the same words for the same genus of inward experience; ultimately one must have one's experiences in common.

Friedrich Wilhelm Nietzsche (1844-1900)

Friedrich Wilhelm Nietzsche

The petroleum reserve is not a political reserve -- and raiding it won't lower fuel prices in the long run,

Although we consider the reserve adjustments to be material, the impact of the reserve strengthening has been more than offset by a capital infusion by the parent.

We have been saying we need a home heating oil reserve, we've been saying that stocks are low, and we need (legislation) passed, ... We need the Congress to approve a reasonable trigger for releasing the oil in the reserve.

Bill Richardson

The Federal Reserve is one of the main driving forces for rates changes on checking and money market accounts. With the Federal Reserve increasing the benchmark federal funds rate a quarter-point, I anticipate checking and money market account rates to show some movement in the coming weeks.

That is why we do not understand the U.S. dollar at the moment as the universal or absolute reserve currency.

At the start, the euro is going to have problems as a reserve currency. It will ... have to earn its place.

Lawrence Lindsey

Besides the shortages of foreign currency, the sector is also facing problems relating to insufficient revenue generated from the sale of gold through the official system.

David Murangari

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