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 only limit is the one you set yourself.
挑战在于创建能够将私人激励与知识的社会价值相结合的机构。
You can't please everyone, so just be yourself.
攀上一座高山后,你才会发现,原来还有更多的山头等着你