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.

High kitsch, whatever else may be said of it, cannot be openly dismissed as cheap.

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.

Building trust begins with an appreciation and understanding of trust, but it also requires practice and practices.

Building trust means thinking about trust in a positive way.

Chances are the movements of the euro as against the dollar will be relatively moderate.