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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Real estate and mortgage are not one and the same thing
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Showing posts with label
Real estate and mortgage are not one and the same thing
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Show all posts
Wednesday 27 April 2011
Real estate and a mortgage are not one and the same thing
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Real estate is a variable real value non-monetary item. Inflation has no effect on the real value of non-monetary items, never had in the pa...
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