Daily inflation-indexing of the entire money supply would remove the effect of inflation - low, high and hyperinflation - or deflation (not actual inflation or deflation).
This happens daily with the USD 3 trillion plus in global government inflation-indexed bonds.
Chile today inflation-indexes more than 25% of its entire money supply on a daily basis.
Why not 100%? What is wrong with doing away with the effect of inflation - low, high and hyperinflation - or deflation completely?
Nicolaas Smith
Copyright (c) 2005-2014 Nicolaas J Smith. All rights reserved. No reproduction without permission.
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