There is a European Central Bank, of course, established and it has the structure similar to the Federal Reserve system, not precisely the same but similar.

There is a European Central Bank, of course, established and it has the structure similar to the Federal Reserve system, not precisely the same but similar.
Robert C. Solomon

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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
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The dollar is currently the principal reserve currency in the world.
- Robert C. Solomon

There is a European Central Bank, of course, established and it has the structure similar to the Federal Reserve system, not precisely the same but similar. Robert C. Solomon

There is a European Central Bank, of course, established and it has the structure similar to the Federal Reserve system, not precisely the same but similar.
Robert C. Solomon