Economic Quote of the Year*

Paul Krugman finds this quote from Adam Posen of the Bank of England’s Monetary Policy Committee regarding people who think that somehow the European Central Bank is not "Chaste" enough in matters of fighting inflation because it is engaging in quantitative easing (printing money) in the form of buying bonds:

Cultures which make a public fixation of virginal maturity, of a stylized maiden’s reputation, tend to be backward superstitious cultures that impede people exercising autonomy and making responsible choices.

Word up.

^*So far.