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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Cosatu: What do you want to do?
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Showing posts with label
Cosatu: What do you want to do?
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Sunday 19 July 2009
Cosatu: What do you want to do?
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Cosatu: A 1% increase in the inflation target - ceteris paribus - destroys an extra R19.4 billion p.a. in the real value of M3. SA accountan...
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