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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CA´s can prevent a destruction spiral in the real economy.
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Showing posts with label
CA´s can prevent a destruction spiral in the real economy.
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Tuesday 3 June 2008
CA´s can prevent a destruction spiral in the real economy.
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Tito Mboweni: “A weaker exchange rate is usually a sign of high inflation, and unless the inflation problem is addressed, it can set in moti...
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