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 difference between deflation and disinflation
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Showing posts with label
The difference between deflation and disinflation
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Show all posts
Thursday 17 March 2011
The difference between deflation and disinflation
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Deflation is a sustained absolute decrease in the general price level resulting in a sustained increase in the real value of the monetary un...
Monday 25 May 2009
The difference between deflation and disinflation
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Deflation is a sustained decrease in the general price level resulting in a sustained increase in the real value of the functional currency ...
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