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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CIPPA equals automatic zero erosion in constant item economy
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CIPPA equals automatic zero erosion in constant item economy
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Friday 8 July 2011
CIPPA equals automatic zero erosion in constant item economy
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CIPPA equals automatic zero erosion in constant item economy We do not have stable – as in fixed real value – money. The real value of mo...
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