The time inconsistency problem in monetary policy arises when policymakers have an incentive to deviate from their announced policy once economic agents have formed expectations.
货币政策中的时间不一致性问题出现在政策制定者一旦经济主体形成预期后,就有动机偏离他们宣布的政策。
"Courage is not the absence of fear, but the will to act in spite of it."
The idea is to make something that has never been seen before.
You have to believe in your dreams before they can come true.
The challenge is to design spaces that serve people without dominating them.
有时你必须冒险才能打出精彩的操作。
Sustainability isn't an option; it's our responsibility to the next generation.
——斯图尔特讽刺媒体与政治的畸形关系。