Quotes from Robert C. Solomon

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.

We also confuse trust with familiarity.

Trust is a skill, one that is an aspect of virtually all human practices, cultures, and relationships.

The dollar is currently the principal reserve currency in the world.

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.

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.

On private transactions, I'll just go very quickly now, a major difference between the United States and Euroland is that in Europe banks are much more important in financial transactions than in the United States.

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.

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.

There has been talk in Europe about American hegemony being somehow based upon the use of the dollar in the world. I just don't see that connection at all.

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 United States as usual has a sizable deficit in the current account of its balance of payments, trade account and other current accounts, current account items.

The brain can be seen as a complex machine, like a gooey computer.