1 min readFeb 5, 2019
Another famous example is the ‘impossibility trinity’ of fixed exchange rates, No Capital controls and an independent monetary policy: you can’t have simultaneously all three for any given country! It works! :)
Another famous example is the ‘impossibility trinity’ of fixed exchange rates, No Capital controls and an independent monetary policy: you can’t have simultaneously all three for any given country! It works! :)
I am an economist and author dedicated to finding applicable solutions to achieve social sustainability while preserving economic growth.