Tag: Trilemma
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Why Bank Negara Malaysia should just let the ringgit do its thing – to float freely (Part 2)
In part 2, I will attempt to explain the monetary arrangements that are being pursued by BNM and how ultimately its hands are tied in relation to what the institution wants to achieve. In the economics field specifically monetary policy, there is a an empirically proven tri-lemma that exists for…
Slice of P.I.E 