What the Depression teaches us is that when the economy is so depressed that even a zero interest rate isn't low enough, you have to put conventional notions of prudence and sound policy aside.
Paul Krugman
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This page presents the quote "What the Depression teaches us is that when the economy is so depressed that even a zero interest rate isn't low enough, you have to put conventional notions of prudence and sound policy aside.". Author of this quote is Paul Krugman. This quote is about sound, enough, prudence, zero, conventional, depression, interest rate, economy, policy,.