A Quote by Peer Steinbruck

But I would bet that the euro continues to exist and that its importance as a global currency will likely increase.

Peer Steinbruck

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Bet Currency Euro Exist Global Importance Increase Likely Will Would Would Be

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Peer Steinbruck
German - Politician
Born: January 10, 1947

At the time of the formation of the euro, I would say most American economists said that's not a good idea; that's not a currency area that makes sense. And the answer from Europe was, 'How is Missouri and Mississippi a currency area?' But the flaw in that was not recognizing the importance of mobility.

Austan Goolsbee

The proposal for a new global reserve currency - or Special Drawing Rights - is a good idea for many reasons. Yes, for the Chinese it would cushion any fall in the value of the dollar per se because it would only be part of a basket of other currencies, including the yen and the euro.

Joseph Stiglitz

Global warming would increase the rate of evaporation from the oceans. This would increase rainfall worldwide. In addition, global warming would lengthen the growing season, thereby increasing still further the bounty of both agriculture and nature.

Robert Zubrin

Concerning the common currency: today, the euro is not worth it for Poland. The reason why we survived the financial and economic crisis quite well is that we have a national currency. This will not change in the near future.

Jaroslaw Kaczynski

For a small open economy that trades mostly with the euro zone it makes absolute sense to be part of the currency union. Our currency has already pegged to the euro since 2002. We don't have an independent monetary policy. We are regulated by the European Central Bank in Frankfurt, but we are not able to reap all the profits. Our businesses want to save the transaction costs.

Dalia Grybauskaite

Everyone who votes for us will know that a Northern League government would get rid of the euro and move back to a national currency.

Matteo Salvini

A national currency, with the Euro as a common currency - that wouldn't bother me.

Marine Le Pen

The United States is broke — fiscally, morally, intellectually — and the Fed has incited a global currency war Japan just signed up, the Brazilians and Chinese are angry, and the German-dominated euro zone is crumbling that will soon overwhelm it. When the latest bubble pops, there will be nothing to stop the collapse. If this sounds like advice to get out of the markets and hide out in cash, it is.

David Stockman

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.

Robert C. Solomon

If the American government can't stand behind the dollar, the world's benchmark currency, then the global financial system will very likely enter a new era in which there is much less trade and much less economic growth. It would be, by most accounts, the largest self-imposed financial disaster in history.

Adam Davidson

I have never said I would adopt the euro. Not today, not tomorrow, not in five years. We will introduce the euro when it will benefit Poles and Poland.

Ewa Kopacz

Would you bet your paycheck on a weather forecast for tomorrow? If not, then why should this country bet billions on global warming predictions that have even less foundation?

Thomas Sowell

In the stable emissions model, in which a rise in global surface temperatures by two degrees Celsius from preindustrial times is more than likely, the Northeast would still see a robust increase in nitrogen loading.

Tatiana Schlossberg

The reserve currency role seems to add prestige to an area and some people in Europe have talked about the desirability of the euro becoming an international reserve currency.

Robert C. Solomon

Thanks to the euro, our pockets will soon hold solid evidence of a European identity. We need to build on this, and make the euro more than a currency and Europe more than a territory... In the next six months, we will talk a lot about political union, and rightly so. Political union is inseparable from economic union. Stronger growth and Euorpean integration are related issues. In both areas we will take concrete steps forward.