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 destruction in nominal monetary units
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Showing posts with label
Capital destruction in nominal monetary units
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Tuesday 8 September 2009
Capital destruction in nominal monetary units
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Capital is a constant real value non-monetary item. Its real value can be maintained constant forever in all companies at least breaking eve...
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