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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A foreign currency is not money in South Africa
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Showing posts with label
A foreign currency is not money in South Africa
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Wednesday 23 April 2008
A foreign currency is not money in South Africa
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A foreign currency is not money in South Africa since it is not the generally accepted national unit of account. Money has three functions: ...
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