""What we've learned is something that we know or should have known all along, which is that market economies are characterised by cycles, that human behaviour is characterised by alternately greed and fear," he [Glenn Stevens] said."

"When the globe was engulfed in the flood of defaults and derivative losses that emerged from the collapse of the US housing bubble two years ago, few understood that the crash had its roots in the lunatic greed-centred objectivist religion, fostered in the '50s and '60s by ponderous emigre novelist Ayn Rand."