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Joined 2 months ago
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Cake day: June 19th, 2024

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  • From the Wikipedia link:

    Option (a): A stable exchange rate and free capital flows (but not an independent monetary policy because setting a domestic interest rate that is different from the world interest rate would undermine a stable exchange rate due to appreciation or depreciation pressure on the domestic currency).

    Option (b): An independent monetary policy and free capital flows (but not a stable exchange rate).

    Option ©: A stable exchange rate and independent monetary policy (but no free capital flows, which would require the use of capital controls).

    My money is on (a) since capital controls doesn’t align with his libertarian platform. Do we know how quickly he’d have to announce his intentions?