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More Slides from Ed Dolan’s Econ Blog http://dolanecon.blogspot.com/ The Impossible Trinity, or, Why Latin America Hates QE2 Posted  January 19, 2011 Terms of Use:  These slides are made available under Creative Commons License  Attribution—Share Alike 3.0  . You are free to use these slides as a resource for your economics classes together with whatever textbook you are using. If you like the slides, you may also want to take a look at my textbook,  Introduction to Economics ,  from BVT Publishers.
Latin America Up in Arms over QE2 ,[object Object],[object Object],[object Object],Posted Jan. 19, 2011 on Ed Dolan’s Econ Blog  http://dolanecon.blogspot.com “ This is a currency war that is turning into a trade war.” — Guido Mantega Finance Minister of Brazil Photo source:  Agencia Brasil, http://commons.wikimedia.org/wiki/File:Guido_mantega.jpg
Making Waves ,[object Object],[object Object],[object Object],Posted Jan. 19, 2011 on Ed Dolan’s Econ Blog  http://dolanecon.blogspot.com Photo source:  Malene Thyssen,  http://commons.wikimedia.org/wiki/User:Malene
How QE2 Affects the Global Economy ,[object Object],[object Object],[object Object],[object Object],Posted Jan. 19, 2011 on Ed Dolan’s Econ Blog  http://dolanecon.blogspot.com The Federal Reserve Building in Washington, D.C. Photo source: AgnosticPreachersKid, http://commons.wikimedia.org/wiki/File:Marriner_S._Eccles_Federal_Reserve_Board_Building.jpg
The Impossible Trinity ,[object Object],[object Object],[object Object],[object Object],Posted Jan. 19, 2011 on Ed Dolan’s Econ Blog  http://dolanecon.blogspot.com
Effects of Financial Inflows: Variant 1 ,[object Object],[object Object],[object Object],[object Object],Posted Jan. 19, 2011 on Ed Dolan’s Econ Blog  http://dolanecon.blogspot.com
Effects of Financial Inflows: Variant 2 ,[object Object],[object Object],[object Object],[object Object],[object Object],Posted Jan. 19, 2011 on Ed Dolan’s Econ Blog  http://dolanecon.blogspot.com
Effects of Financial Inflows: Variant 3 ,[object Object],[object Object],[object Object],Posted Jan. 19, 2011 on Ed Dolan’s Econ Blog  http://dolanecon.blogspot.com
Compromise policy: Partial capital controls ,[object Object],[object Object],[object Object],Posted Jan. 19, 2011 on Ed Dolan’s Econ Blog  http://dolanecon.blogspot.com
Compromise policy: Sterilization ,[object Object],[object Object],[object Object],Posted Jan. 19, 2011 on Ed Dolan’s Econ Blog  http://dolanecon.blogspot.com
Why South America Hates QE2 ,[object Object],[object Object],[object Object],Posted Jan. 19, 2011 on Ed Dolan’s Econ Blog  http://dolanecon.blogspot.com Photo source: NASA, http://commons.wikimedia.org/wiki/File:South_America_satellite_plane.jpg
But QE2 is Only Part of the Problem ,[object Object],[object Object],[object Object],[object Object],[object Object],Posted Jan. 19, 2011 on Ed Dolan’s Econ Blog  http://dolanecon.blogspot.com
The Bottom Line: Ripples, but not a Tsunami ,[object Object],[object Object],[object Object],[object Object],[object Object],Posted Jan. 19, 2011 on Ed Dolan’s Econ Blog  http://dolanecon.blogspot.com

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The Impossible Trinity, or, Why Latin America Hates QE2

  • 1. More Slides from Ed Dolan’s Econ Blog http://dolanecon.blogspot.com/ The Impossible Trinity, or, Why Latin America Hates QE2 Posted January 19, 2011 Terms of Use: These slides are made available under Creative Commons License Attribution—Share Alike 3.0 . You are free to use these slides as a resource for your economics classes together with whatever textbook you are using. If you like the slides, you may also want to take a look at my textbook, Introduction to Economics , from BVT Publishers.
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