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。
流放是一个有自己法则的宇宙。
Art is the mirror of society, reflecting its changes and contradictions.
The more we study the more we discover our ignorance.
人类不仅是一种地质因素,而且可能是所有地质力量中最强大和最普遍的。