"It is reality that awakens possibilities, and nothing would be more perverse than to deny it. Even so, it will always be the same possibilities, either in sum or on the average, that go on repeating themselves until a man comes along who does not value the actuality over the idea. It is he who first gives the new possibilities their meaning, their directions, and he awakens them."
- Robert Musil, The Man Without Qualities
"The truth will set you free. But not until it is done with you."
- David Foster Wallace
Can the Fed rescue the economy by making money even cheaper than it already is? A debate is being played out in the Fed about whether it should return to so-called “quantitative easing” – buying more mortgage-backed securities, Treasury bills, and other bonds - in order to lower the cost of…