The time inconsistency problem in monetary policy arises when policymakers have an incentive to deviate from their announced policy once economic agents have acted on it.
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根据宣布的政策采取行动后,就有动机偏离该政策。
The essence of finance is to serve the real economy. Finance detached from the real economy is like water without a source or a tree without roots.
"I don't want to be a one-hit wonder. I want to have a career."
迈向可持续实践的每一个小步骤都很重要;完美不是目标,进步才是。
没有行动的数据只是噪音;农民需要的是工具,而不仅仅是信息。
To understand oneself is to understand the world.
最好的艺术留给你的问题比答案更多。