The time inconsistency problem in monetary policy arises when policymakers have an incentive to deviate from their announced policy once economic agents have acted on it.
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根据宣布的政策采取行动后，就有动机偏离该政策。
"The past is always with us, for it feeds the present."
Don’t be afraid to fail, be afraid not to try.
Every material has its own memory and history.
当传统遇见大胆的思考，创新就发生了。
The study of mathematics is like air or water to the development of science.
基因组是映照我们进化旅程的镜子。