According to Majone, member states delegate certain regulatory powers to the Commission in order to insulate themselves from democratic pressures that would inhibit optimal policy outcomes, such as "shifting political property rights", whereby the commitments made by one government can be undone by a newly elected one, and "time inconsistency", where the optimal short-term policy may run counter to the optimal long-term policy. These problems indicate that decisions about purely regulatory matters should be made by institutions that are not democratically accountable. For example, although a policy of maintaining low inflation may be the best long-term policy, governments facing elections are motivated to lower interest rates and manufacture short-term economic "booms".