impossible trinity
impossible trinity · impossible trinities
A fixed foreign exchange rate, free capital movement, and an independent monetary…A fixed foreign exchange rate, free capital movement, and an independent monetary policy: three things that are said to be impossible to have at the same time.
Meaning
1 sensesA fixed foreign exchange rate, free capital movement, and an independent monetary policy: three things that are said to be impossible to have at the same time.
Forms
plural: impossible trinities| Singular | impossible trinity |
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| Plural | impossible trinities |
regular