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May. 14th, 2013 04:09 pm
birdwatcher: (Leif Gram: Mr. Fix)
[personal profile] birdwatcher
"We’re very conscious of the fact that keeping rates at zero for very long periods of time can distort decision making in various ways."
-- Federal Reserve Bank of Philadelphia President Charles Plosser.

Салерно озаглавил это "Тhe Greatest Understatement in the History of Economics".