The time inconsistency problem in monetary policy arises when policymakers have an incentive to deviate from their announced policy once economic agents have formed expectations.
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形成预期后,就有动机偏离他们宣布的政策。
Great things in business are never done by one person; they’re done by a team of people.
开玩笑是件严肃的事情。
对于只有一把锤子的人来说,每个问题看起来都像是钉子。
Great companies don’t just grow fruit; they grow communities.