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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Definition of Severe hyperinflation
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Showing posts with label
Definition of Severe hyperinflation
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Saturday 9 October 2010
Definition of Severe Hyperinflation
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I was of the opinion that severe hyperinflation was impossible if “ exchangeability between the currency and a relatively stable foreign cur...
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