Monetary policy rules should be designed to avoid the pitfalls of discretionary policy, which often leads to time inconsistency.
货币政策规则的设计应避免自由裁量政策的陷阱,后者往往导致时间不一致性。
在完成之前,一切似乎都是不可能的。
The great philosophers are those who have the courage to think for themselves.
挡在一个人和他想要的生活之间的唯一东西是尝试的意愿和相信可能的信念。