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。
The most sustainable building is the one that is loved.
成功是对任何曾经怀疑你的人最好的报复。
Pedestrians never seem to realize that they are a threat to the safety of cars.
国家的未来取决于今天的教育。