The Impossible Trinity, or, Why Latin America Hates QE2
•Download as PPT, PDF•
0 likes•2,150 views
Latin America has reacted negatively to the Fed's program of quantitative easing (QE2), calling it "currency manipulation," "currency war," and worse. This slideshow explains why, using the economic principle of the "impossible trinity."
![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](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
Recommended
More Related Content
More from Ed Dolan
More from Ed Dolan (20)
Recently uploaded
Recently uploaded (20)
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.