You might also like

The highest qualities of character… must be earned.
May 30, 2014
Truth that is not undergirded by love makes the truth obnoxious and the possessor of it repulsive.
June 10, 2014
The Central Bank should have a permanent window for discounting high quality securities where banks could go and discount these. It gives peace of mind to the banks. In the absence of this facility, what banks tend to do is to keep a liquidity cushion for emergency requirements. This is a very expensive way of managing liquidity
November 28, 2014