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The Impossible Trinity

1m · 60-Second Adventures in Economics - for iPad/Mac/PC · 29 Aug 07:52

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.

The episode The Impossible Trinity from the podcast 60-Second Adventures in Economics - for iPad/Mac/PC has a duration of 1:21. It was first published 29 Aug 07:52. The cover art and the content belong to their respective owners.

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Transcript -- The Invisible Hand

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