The Impossible Trinity

The Impossible Trinity or 'trilemma' suggests that it is impossible for a country to maintain a fixed exchange rate, free capital movement and an independent monetary policy at one and the same time.

An episode of the 60-Second Adventures in Economics - for iPod/iPhone podcast, hosted by The Open University, titled "The Impossible Trinity" was published on August 29, 2012 and runs 1 minutes.

August 29, 2012 ·1m · 60-Second Adventures in Economics - for iPod/iPhone

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Summary

The Impossible Trinity or 'trilemma' suggests that it is impossible for a country to maintain a fixed exchange rate, free capital movement and an independent monetary policy at one and the same time.

Episode Description

The Impossible Trinity or 'trilemma' suggests that it is impossible for a country to maintain a fixed exchange rate, free capital movement and an independent monetary policy at one and the same time.

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