How do the three objectives underlying the trilemma reinforce each other, and in what ways do they conflict with each other? What is their impact on growth? Is the trilemma an exclusive phenomenon of crisis times, or does it manifest in normal times as well?
What is the nature and extent of the responsibility of  BIS central bankers’ speeches  1  central banks for each of these objectives? Are central banks equipped to handle these additional responsibilities? And finally, what does this expanded mandate mean for the effectiveness and autonomy of central banks? That indeed is a long list of questions.