Owing to the limited time available, I would like to shed light on two types of nonstandard monetary easing adopted by the Bank under the zero lower bound on nominal interest rates: (1) the first round of monetary easing – the so-called quantitative easing (QE) during 2001–06; and (2) the second round of monetary easing – the so-called comprehensive monetary easing (CME) from 2010 until the present.
That is why we need to preserve our humanity, self-respect and the respect of others. Being a woman is amazing. Being a mother is even more so. I can testify to this with my experience of raising three children, two daughters and a son – who are now grown-up, and good and educated persons, of whom I am proud and whom I respect.