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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。
Ethical practices are not negotiable in our industry.
To love is to risk everything, but to not love is to risk even more.
"In every war, there are two truths: the truth of the victors and the truth of the vanquished."
Leadership is about empowering others to achieve what they didn't think was possible.