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 is the abuse of the Rand´s store of value function
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Showing posts with label
Inflation is the abuse of the Rand´s store of value function
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Tuesday 20 October 2009
Inflation is the abuse of the Rand´s store of value function
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Money is a store of value. Money is a depreciating store of value during inflation and an appreciating store of value during deflation. Mone...
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