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• 19:24, 9 August 2026 MoNoLidThZ talk contribs moved page Forex/Impossible Trinity to Forex:Impossible Trinity
• 19:23, 9 August 2026 MoNoLidThZ talk contribs created page Forex/Impossible Trinity (Created page with "'''The Impossible Trinity (Trilemma)''' is the unbreakable constraint in open-economy macroeconomics: a country '''cannot simultaneously''' maintain: # '''Free capital mobility''' (open flows in/out, no controls) # '''Fixed (or heavily managed) exchange rate''' # '''Independent monetary policy''' (setting interest rates freely for domestic goals) You can only pick '''two'''. Trying all three leads to crisis — exactly what happened in Thailand (and much of Asia) in 19...") Tag: Visual edit