impossible trinity
noun1
Economics, Sciences 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.
- Synonyms
- unholy trinity
noun
Economics, Sciences 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.
Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.