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 only has a monetary component
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Showing posts with label
Inflation only has a monetary component
.
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Monday, 24 January 2011
Inflation only has a monetary component
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I stated the following in a Letter to the Editor published in the Financial Mail in South Africa: “ Financial Mail 09 May 2008 Account...
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