"Tapering is like easing up on the gas pedal, so that the car accelerates at a slower pace. The more important phase of monetary policy will be tightening, which is akin to stepping on the brakes. Janet Yellen-the current favorite to succeed Bernanke-has the reputation of being a "dove," which means that she would likely be less aggressive when it comes to tightening than others, since she firmly believes that monetary policy has the ability to "stimulate" the economy. "
METAMIA is a free database of analogy and metaphor. Anyone can contribute or search. The subject matter can be anything. Science is popular, but poetry is encouraged. The goal is to integrate our fluid muses with the stark literalism of a relational database. Metamia is like a girdle for your muses, a cognitive girdle.