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 true cost of seafood isn't just the price tag—it's the environmental debt we leave unpaid.
"My work is a constant struggle against the power of language."