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.
Pages
(Move to ...)
Home
▼
Showing posts with label
Basel is nominal
.
Show all posts
Showing posts with label
Basel is nominal
.
Show all posts
Tuesday 14 September 2010
Basel is nominal
›
Bank capital requirements are increased in NOMINAL TERMS as per new Basel rules. Result: their capital is always declining in REAL TERMS d...
›
Home
View web version