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。
The most important thing is to never stop dreaming.
最好的故事是那些挑战我们以不同方式看待世界的故事。
实现明天的唯一限制是我们今天的疑虑。
I am not a hero of mathematics. I'm not even that successful; that is why I don't want to have everybody looking at me.