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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Wednesday 27 November 2013
Not indexing bank interest to inflation may be unconstitutional
Not indexing bank interest to inflation may be unconstitutional.
Nicolaas Smith Copyright (c) 2005-2013 Nicolaas J Smith. All rights reserved. No reproduction without permission.
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