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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Gill Marcus can rid SA of 3% inertial inflation
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Showing posts with label
Gill Marcus can rid SA of 3% inertial inflation
.
Show all posts
Friday 8 January 2010
Gill Marcus can rid SA of 3% inertial inflation
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From Wikipedia: "In the medium-to-long term, economic agents begin to forecast inflation and to use those forecasts as de facto price...
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