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。
"Die Kunst ist die Tochter der Freiheit."
In quantum computing, we are not just pushing the boundaries of technology, we are pushing the boundaries of our understanding of the universe.
I give my whole water in joy,“sings the waterfall,”though little of it is enough for the thirsty.
对性情上了解即是涵养,对每一念头注意提醒就是省察,气质的融汇就是克治。