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by hongsy
967 days ago
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Reminded me of this https://en.wikipedia.org/wiki/Impossible_trinity The impossible trinity (also known as the impossible trilemma or the Unholy Trinity) is a concept in international economics and international political economy which states that it is impossible to have all three of the following at the same time: - a fixed foreign exchange rate
- free capital movement (absence of capital controls)
- an independent monetary policy
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