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No government can successfully achieve all three goals of having a fixed foreign exchange rate, free capital flows, and an independent monetary policy.

Saifedean Ammous Quote: “No government can successfully achieve all three goals of having a fixed foreign exchange rate, free capital flows, and an independent monetary policy.”

“No government can successfully achieve all three goals of having a fixed foreign exchange rate, free capital flows, and an independent monetary policy.”

Saifedean Ammous

Saifedean Ammous Quote: “No government can successfully achieve all three goals of having a fixed foreign exchange rate, free capital flows, and an independent monetary policy.”
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