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 is a store of value
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Showing posts with label
Money is a store of value
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Wednesday 21 July 2010
Money is a store of value
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Money is a depreciating store of value during inflation and an appreciating store of value during deflation. Money has to maintain most of...
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