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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An amazing contradiction of basic economic logic
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Showing posts with label
An amazing contradiction of basic economic logic
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Tuesday 20 April 2010
An amazing contradiction of basic economic logic
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Money illusion is so pervasive in our low inflation societies that we do not even notice it any more. It is a complete state of mind - a way...
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