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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The SARB talks 3 to 6% but everybody is happy with 6 or below
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Showing posts with label
The SARB talks 3 to 6% but everybody is happy with 6 or below
.
Show all posts
Saturday 8 May 2010
The SARB talks 3 to 6% but everybody is happy with 6 or below
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We know that inflation is always and everywhere the destruction of real value in money and other monetary items over time. We also know that...
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