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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1.1% Drop in inflation lowers ABSAs 6 monthly real value destruction to R1.910 bn from R2.348 bn
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Showing posts with label
1.1% Drop in inflation lowers ABSAs 6 monthly real value destruction to R1.910 bn from R2.348 bn
.
Show all posts
Monday 3 August 2009
1.1% Drop in inflation lowers ABSAs 6 monthly real value destruction to R1.910 bn from R2.348 bn
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Inflation can only destroy the real value of the Rand and other monetary items in the SA monetary economy. Inflation can not destroy the rea...
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