Teddy Roosevelt, of course, preferred to Speak softly and carry a big stick.

for they hadn't understood about the loaves, but their hearts were hardened.

For they considered not the miracle of the loaves for their heart was hardened.

Sami dressed in thick clothes to protect himself from the cold.

Speak softly and carry a big stick, Theodore Roosevelt counseled.

Jesus, perceiving it, said to them, Why do you reason that it's because you have no bread? Don't you perceive yet, neither understand? Is your heart still hardened?

And when Jesus knew it, he saith unto them, Why reason ye, because ye have no bread? perceive ye not yet, neither understand? have ye your heart yet hardened?

As a result, according to Jon Cox, an analyst at Kepler Capital Markets, it s no longer acceptable to have a big chunky watch on your wrist.

(Russia has also tried heavy handed tactics on Moldova by threatening to ban the country s wine exports to Russia and to recognize the independence of the breakaway territory of Transnistria.)

What once was a large web held together by thin monetary ties will fragment into very small networks solidified by thick bonds of personal trust and social obligation.

We can now see the utility of a more flexible toolkit to respond to excessive credit expansion, or asset price bubbles, where the manipulation of short term interest rates can be a blunt instrument or, worse, a double edged sword.