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.
Pages
(Move to ...)
Home
▼
Showing posts with label
Hello Dollarization
.
Show all posts
Showing posts with label
Hello Dollarization
.
Show all posts
Thursday 1 July 2010
Bye bye CPI, Hello Dollarization
›
A non-barter economy needs an internal medium of exchange, i.e. money. The rate of change in the Consumer Price Index indicates the rate of ...
›
Home
View web version