The q-quantile is the same as the (1/q)-fractile.

Sirloin didn’t look promising, with a pasty consistency, but it had a good “hamburgery” flavor.

Maybe God just calls a spade a spade, when the president talks to God.

At the most general level, policymakers in open economies face a macroeconomic trilemma: 1. to stabilize the exchange rate; 2. to enjoy free international capital mobility; 3. to engage in a monetary policy oriented toward domestic goals. Because only two out of the three objectives can be mutually consistent, policymakers must decide which one to give up.