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The country has the wherewithal to create a reserve of its own.
Plans to create a reserve currency basket have not gained much traction.
New Jersey officials say the state simply cannot afford to create a reserve at this time, given its debt.
So it used techniques to make its main business of insuring and buying mortgages seem less profitable and to create a reserve of earnings for later years.
But the company denied that it deliberately tried to lower its earnings in those years to create a reserve of earnings for future years.
The plant has been working all winter to create a reserve: 750,000 gallons in a standpipe and a million gallons in an elevated tank.
Similar(29)
Afterward, there seemed to be little consensus about the usefulness of creating a reserve.
And China is creating a reserve that should reach more than 100 million barrels by 2010.
He advocated the military training of fishing crews, "creating a reserve force at sea, and using these militiamen to solve the South China Sea problem".
The report suggested that the Forest Service and Interior Department improve the estimates of firefighting costs and said Congress should consider alternatives, like creating a reserve account.
Firms may be booking much bigger restructuring charges than they should, creating a reserve of money to draw on to boost profits in a difficult future year.The amounts involved in all these shenanigans are hardly trifling.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com