“However, in spite of the general perception that monetary policy should be conducted so as to avert deflation, a central bank cannot lower interest rates below the zero lower bound.” ShouldInterestPolicyPerceptionRateBoundsSpiteZeroMonetaryInterest RateCentral BanksAvertMonetary PolicyDeflation Author:Toshihiko Fukui
“Satire is at once the most agreeable and most dangerous of mental qualities. It always pleases when it is refined, but we always fear those who use it too much; yet satire should be allowed when unmixed with spite, and when the person satirized can join in the satire.” ShouldPersonsUseQualityToo MuchDangerousPleaseSpiteSatireRefined Author:Francois de La Rochefoucauld