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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Monday 19 November 2012
Capital maitenance in units of constant purchasing power is halal
Capital maintenance in units of constant purchasing power is halal and Sharia-based since it only operates in real values.
Nicolaas Smith
Copyright (c) 2005-2012 Nicolaas J Smith. All rights reserved. No reproduction without permission.
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