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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1970-style CPP inflation accounting was a failed inflation accounting model.
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Showing posts with label
1970-style CPP inflation accounting was a failed inflation accounting model.
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Monday 28 September 2009
1970-style CPP inflation accounting was a failed inflation accounting model.
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1970-style CPP inflation accounting was a failed inflation accounting model. The difference between constant real value non-monetary items...
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