zirp
n.— «The United States is repeating a Japanese experiment with a zero in one of the most important variables in financial markets: the official overnight interest rate. The so-called zirp, an acronym for zero interest-rate policy, is combined with a nearly infinite quantity of government borrowing. The government is expected to try to stimulate the economy, which is well into what looks like a bad recession, with as much as $850 billion of new debt.» —“A Clever Move by Credit Suisse” by Rob Cox, Edward Hadas New York Times Dec. 18, 2008. (source: Double-Tongued Dictionary)
Further reading
The Very Hungry Caterpillar (Bookshop|Amazon) had an earlier title: A Week with Willie the Worm. This is part of a complete episode. Transcript of “The Very Hungry Caterpillar’s First Title” Here’s another book title that...
The expression to run the traps means “to perform due diligence” or “solicit a wide variety of opinions” or “investigate every angle thoroughly.” This metaphor derives from the literal sense of running the traps, which refers to hunting and fishing...