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。
"The future of genomics lies in our ability to interpret the vast amounts of data we generate."
真相很少是纯粹的,也从来不是简单的。
The victim should have the right to end his life, if he wants. But I think it would be a great mistake. However bad life may seem, there is always something you can do, and succeed at. While there's life, there is hope.