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。
保持饥饿,保持愚蠢。
You are always a valuable, worthwhile human being — not because anybody says so, not because you're successful, not because you make a lot of money — but because you decide to believe it and for no other reason.
我不是为了名声或金钱而打球。我打球是因为我喜欢竞争。
The act of reading is an act of resistance against forgetting.