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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Accountants killing the real economy.
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Showing posts with label
Accountants killing the real economy.
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Thursday 27 March 2008
Accountants killing the real economy.
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Tito Mboweni asked the following question: “Is there a danger that we are killing the real economy?” Inflation always destroys real value ...
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