Monetary policy rules should be designed to avoid the pitfalls of discretionary policy, which often leads to time inconsistency.
货币政策规则的设计应避免自由裁量政策的陷阱，后者往往导致时间不一致性。
Happiness is holding someone in your arms and knowing you hold the whole world.
诗人的心必须向天堂所有的风敞开。
大海是一面镜子，映照出凝视它的人的灵魂。
Ignorance more frequently begets confidence than does knowledge.
