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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Inflation destroys R168 billion of real value in M3 and SA accountnts some unknown value in the real economy.
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Showing posts with label
Inflation destroys R168 billion of real value in M3 and SA accountnts some unknown value in the real economy.
.
Show all posts
Sunday 20 April 2008
Inflation destroys R168 billion of real value in M3 and SA accountants some unknown value in the real economy.
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SA can prevent the destruction of real value by non-monetary inflation in the real economy by banning the stable measuring unit assumption. ...
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