The supply-side effect of a restrictive monetary policy is likely to be perverse, in that high interest rates enter into costs and thus exert inflationary pressure. William Vickrey
O my God, what must a soul be like when it is in this state! It longs to be all one tongue with which to praise the Lord. It utters a thousand pious follies, in a continuous endeavor to please Him who thus possesses it.
Saint Teresa of Avila
Thought is a key to all treasures; the miser's gains are ours without his cares. Thus I have soared above this world, where my enjoyment have been intellectual joys. Honore de Balzac
