A negative interest rate is impossible under CMUCPP in terms of the Daily CPI.
Tuesday, 22 January 2013
World Bank response
World Bank response to my unsuccessful request for funding for Sustainable Development without Borders (NGO):
"The research that you propose would indeed be of great interest to countries experiencing high inflation rates."
Jean-Jaques Dethier
Research Manager
Development Economics
World Bank
Nicolaas Smith
Opinions on this blog expressed by me are my personal opinions.
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