Famous Quotes & Quotations Authors From Japan

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" Do not seek to follow in the footsteps of the men of old; seek what they sought. "

Matsuo Basho
" If you are not happy here and now, you never will be. "

Taisen Deshimaru
" Think with your whole body. "

Taisen Deshimaru
" A while ago in Sophia University I heard Buddhist monks chanting the sutras during Mass instead of Gregorian chant. "

Shusaku Endo
" Christianity, to be effective in Japan, must change. "

Shusaku Endo
" I became a Catholic against my will. "

Shusaku Endo
" A low rate of inflation itself now poses a new challenge of achieving and promoting sustained economic growth in the global economy. "

Toshihiko Fukui
" As for the short run effects, exchange rate movements influence the economy through changing relative prices between goods at home and abroad. "

Toshihiko Fukui
" As the new endogenous growth theory suggests, TFP growth is closely related to accumulation of the intangible capitals, such as human capital and research and development. "

Toshihiko Fukui
" Asset price fluctuations have important implications for promoting more efficient resource allocations and achieving sustained growth in the long run. "

Toshihiko Fukui
" During the past two decades, inflation has fallen to a low level in major industrial countries. "

Toshihiko Fukui
" For example, a low inflation economy has a higher risk of deflation, and the interest rates find no other way than declining. "

Toshihiko Fukui
" Good news is that banks' lending attitude seems to be gradually becoming far more accommodative than in the previous recoveries. "

Toshihiko Fukui
" Growth theory tends to focus on the trend growth paths in the long run. Observed growth paths, however, are not smooth. "

Toshihiko Fukui
" 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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