Jackalope Jay and the Mavens of Moral Hazard "The Federal Reserve looks likely to keep short-term interest rates near zero for five years or possibly more after it adopts a new strategy for carrying out monetary policy. Rich Miller, The Fed Seen Holding Rates at Zero for Five Years, Bloomberg “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” Upton Sinclair "A hypocrite despises those whom he deceives, but has no respect for himself. He would make a dupe of himself too, if he could." William Hazlitt "He who does not bellow the truth when he knows the truth makes himself the accomplice of liars and forgers." Charles Peguy
