( Published in Business Magazine No. 1316 -13-19 December 2017)
Some years back we were one of those few “ fake” economists” who had alerted the authorities on the futility of the Central bank to be supportive of growth in its exchange rate and monetary policies because of the " impossible trinity or trilemma” and the presence of excess liquidity.
Some years back we were one of those few “ fake” economists” who had alerted the authorities on the futility of the Central bank to be supportive of growth in its exchange rate and monetary policies because of the " impossible trinity or trilemma” and the presence of excess liquidity.
