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 disinflation and deflation
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Showing posts with label
The difference between disinflation and deflation
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Wednesday 24 March 2010
The difference between disinflation and deflation
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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 functional ...
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