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。
The future of the Internet depends on our ability to adapt and evolve.
I believe in the discipline of mastering the best that other people have ever figured out.
成功绝非偶然。它是努力、坚持、学习、牺牲,最重要的是热爱你所做的事情。