The Impossible Trinity - 60 Second Adventures in Economics (5/6)

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. (Part 5 of 6) Playlist link - Transcript link - Free learning from The Open University - A brief history of... Black Wednesday Study a free course on Managing my money at the Open University Study R30 BA (Honours) Economics The Open University is the world’s leading provider of flexible, high-quality online degrees and distance learning, serving students across the globe with highly respected degree qualifications, and the triple-accredited MBA. The OU teaches through its own unique method of distance learning, called ‘supported open learning’ and you do not need any formal qualifications to study with us, just commitment and a desire to find out what you are capable of. Free learning from The Open University For more like this subscribe to the Open University channel Like us on Facebook: Follow us on Twitter: #OpenUniversity #Economy