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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。
爱是一种力量,它能让我们超越自我,看到更广阔的世界。
When I was 29, I told myself the next acting job I get, no matter what it pays, I will from now on for better or worse, be a working actor.
It seems to me that the natural world is the greatest source of excitement; the greatest source of visual beauty; the greatest source of intellectual interest. It is the greatest source of so much in life that makes life worth living.