She said that developing countries needed to respond by beefing up bank supervision, restricting credit to fast-growing areas, imposing capital requirements that changed with the economic cycle and monitoring their foreign exchange exposures.

CNN: Lagarde warns over three-speed world

"An air-conditioning unit is just the physical manifestation of the Carnot Cycle - which is talking about heat exchange between two closed systems, " he droned.

BBC: Daily house goss: week four

The stable monetary policy disciplined by fixed exchange rates also minimized the boom and bust business cycle, with its periodic sharp recessions hampering long term growth.

FORBES: The Monetary Foundations Of Economic Prosperity

Spending cuts and tax increases, which were demanded in exchange for the first bailout, have only contributed to a cycle of decline.

BBC: The Greek conundrum

On one of their regular offerings, based in North Carolina, participants are made to cycle, hike or kayak in pursuit of tokens they will then exchange for materials that can be used to make a boat.

CNN: , for

The end of the tightening cycle could bode well for the Brazilian stock market and the popular iShares MSCI Brazil exchange traded fund.

FORBES: Brazil Rate Hikes Likely Done For the Year