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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Money cannot be valued in units of constant purchasing power
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Money cannot be valued in units of constant purchasing power
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Wednesday 26 August 2009
Money cannot be valued in units of constant purchasing power
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Units of constant purchasing power There are three basic economic items in the economy: 1. Monetary items 2. Variable items 3. Constant it...
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