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。
Evolution is the most beautiful thing in the world.
作家应当是他时代的见证者,同时也是世界的创造者。
我不知道该如何感受,但我试着快乐起来。