{UAH} Presidentet Uhuru sigans law caping interest rates. Read The Economist ended Auguts 27 on Mundell-Fleming trilemma
Folks:
The economist has been serializing some of the greatest ideas in economics. it started with George Akerlof's Lemons idea and ended with Mundell-Fleming trilemma as the sixth. I encourage you to read them. The last appeared in the economist of the week of august 27 , the other five appeared weekly before that date.
If you read the Mundell-Fleming contributions, you will better understand the folly of capping rates.
WBK
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