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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Capital as a variable item and as a constant item
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Showing posts with label
Capital as a variable item and as a constant item
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Tuesday 8 December 2009
Capital as a variable item and as a constant item
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I am not dealing with the value of a business entity´s capital or stock as determined in the market. As we all know, the term capital has ...
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