Capital Maintenance in Units of Constant Purchasing Power in terms of the Daily CPI
A negative interest rate is impossible under CMUCPP in terms of the Daily CPI.
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Friday 12 November 2010
The silliest idea currently going around
The silliest idea currently going around:
Quantitative easing would lead to hyperinflation.
© 2005-2010 by Nicolaas J Smith. All rights reserved. No reproduction without permission.
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