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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Higher interest rates
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Showing posts with label
Higher interest rates
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Wednesday 14 May 2008
Higher interest rates
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"The benefits of price stability, on the other hand, can scarcely be overestimated, especially as these are, in principle, unlimited in...
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