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— Catherine Bertini"The window of opportunity to avert famine is rapidly closing and could already have closed. The real issue facing us is not whether there will be famine but how many people will actually die."
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Our courage is greater to dare a visible than an imagined danger. A visible danger rouses our energies to meet or avert it; a fancied peril appalls from its presenting nothing to be resisted. Thus, a panic is, usually, a sudden going over to the enemy of our imagination. All is then lost, for we have not only to fight against that enemy, but our imagination as well.
— Christian Nestell Bovee
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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.
— Toshihiko Fukui
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