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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Ink and a roll of paper is not real value.
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Showing posts with label
Ink and a roll of paper is not real value.
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Show all posts
Tuesday 17 July 2007
Ink and a roll of paper is not real value.
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The generally accepted notion in Zimbabwe that it is acceptable that a person can use ink and a roll of paper to collect US Dollars should s...
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