The Impossible Trinity - The Exchange Rate dilemma.

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Enterprise, Economics & Business

Enterprise, Economics & Business

Күн бұрын

This video explores the impossible trinity - the exchange rate dilemma or trilemma, if you prefer. It highlights that countries can select two of the three alternatives from free capital flows and a liberalised capital account, a fixed exchange rate and sovereign monetary policy.
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Пікірлер: 31
@tylerlemon6163
@tylerlemon6163 5 жыл бұрын
You explained this way better than a lot of other videos. Thanks!
@senakayrn2551
@senakayrn2551 5 жыл бұрын
Literally the reason I will pass tomorrow, thank you so much for the free support!
@enterpriseeconomicsbusines7224
@enterpriseeconomicsbusines7224 5 жыл бұрын
Delighted to help Sena. Best wishes!
@philileshibe733
@philileshibe733 5 жыл бұрын
My guardian angel!!! Thank you so much Sir.
@nickbower016
@nickbower016 5 жыл бұрын
excellent, thorough explanation! thank you very much.
@FelixFrost
@FelixFrost 4 ай бұрын
Thank you for the thorough explanation. Wish CFA could explain this in such a way
@georgepeirce1555
@georgepeirce1555 5 жыл бұрын
great explanation, better than the lecture by a mile
@emptyxnes
@emptyxnes Жыл бұрын
Great explanation. I like the diagram with the example. thank you for taking the time.
@omarshehata3956
@omarshehata3956 Жыл бұрын
Thank you this video was so informative and really helped me with my studies
@subhamganguly4417
@subhamganguly4417 10 ай бұрын
You made me understand this topic very well in just 7 mins..
@kaihav2405
@kaihav2405 5 жыл бұрын
Good explanation. Thank you, Sir.
@casparleung233
@casparleung233 3 жыл бұрын
Really explicit explanation, thank you
@amanymansor3907
@amanymansor3907 5 жыл бұрын
Thank you for the video! Really helpful!
@lionheartkk92
@lionheartkk92 5 жыл бұрын
Thank you sir for the perfect explanation
@Lahuta_Malcis99
@Lahuta_Malcis99 4 жыл бұрын
Thanks for explaining!
@alaaeddine_ouattas
@alaaeddine_ouattas 5 жыл бұрын
Amazing sir well done
@mohakmalhotra85
@mohakmalhotra85 2 жыл бұрын
Amazing explanation
@user-zk4oe8kb2f
@user-zk4oe8kb2f 3 ай бұрын
very helpful, thanksd!
@sarahnanjala5256
@sarahnanjala5256 3 жыл бұрын
Thank you for this video
@stepanvorel1618
@stepanvorel1618 7 күн бұрын
great vid, thanks mate
@valentinoagazzimandozzi8321
@valentinoagazzimandozzi8321 Жыл бұрын
thank you quite a lot, very useful, good video.
@RK-bj8ho
@RK-bj8ho 4 жыл бұрын
Can you have a system with limited capital flow restrictions, independent monetary policy and a floating band exchange rate ....... I think India has such a system, its currency has never stopped depreciation though, the central bank steps in to slow down the rate of depreciation.
@ShadowWolfTJC
@ShadowWolfTJC Жыл бұрын
What if an economy tried to get as close to a perfect balance of all 3 parts of the Impossible Trinity as it could get? That is, what if an economy had the following features? - 1. Mostly free capital flows, where some limited capital controls are still present (such as a small tax on the inflow and/or outflow of capital for example). - 2. A non-fixed but resilient exchange rate, where the value of the economy's currency would remain mostly the same as a fixed fraction or multiple of the value of another commodity (such as the U.S. dollar, or the gold standard), but could also be allowed to deviate slowly over time (such as the value of a currency in relation to, say, the U.S. dollar possibly changing from a ratio of, say, 1:1 from one year to, say, 0.99:1 or 1.01:1 the next year). - 3. A mostly independent monetary policy, with banks being given some leeway to change interest rates, and with inflation being kept low.
@frankwang3679
@frankwang3679 5 жыл бұрын
Good video but is this video shoot before 1997?
@mithra2396
@mithra2396 7 ай бұрын
where does Bitcoin stand on this triangle? thanks
@lenilemcke2060
@lenilemcke2060 5 ай бұрын
is the united arab emirites in the same position as hong kong?
@random-np3gn
@random-np3gn 4 жыл бұрын
The title should be the exchange rate trilemma not dilemma
@enterpriseeconomicsbusines7224
@enterpriseeconomicsbusines7224 4 жыл бұрын
Hey. Thanks for watching. A dilemma can be plural too. But, yes also referred to as a trilemma. Best wishes.
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