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: two definitions
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Showing posts with label
Inflation: two definitions
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Wednesday 24 February 2010
Inflation: two definitions
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Variable real value non-monetary items do not need to be and are not valued in units of constant purchasing power during low inflation becau...
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