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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Alan Greenspan: "Low inflation is what creates long-term sustainable economic growth"
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Showing posts with label
Alan Greenspan: "Low inflation is what creates long-term sustainable economic growth"
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Tuesday 24 June 2008
Alan Greenspan: "Low inflation is what creates long-term sustainable economic growth"
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Alan Greenspan: "Low inflation is what creates long-term sustainable economic growth" Abandoning the stable measuring unit assumpt...
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