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.
Pages
(Move to ...)
Home
▼
Showing posts with label
Statements regarding inflation destroying the real value of non-monetary items have no substance at all.
.
Show all posts
Showing posts with label
Statements regarding inflation destroying the real value of non-monetary items have no substance at all.
.
Show all posts
Friday 20 August 2010
Statement regarding inflation destroying the real value of non-monetary items have no substance at all.
›
After 2008 it became very clear to me that inflation is only a monetary phenomenon and can only destroy the real value of money and other mo...
›
Home
View web version