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 three distinct economic items.
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Showing posts with label
The three distinct economic items.
.
Show all posts
Monday 24 March 2008
There are three different items in the economy
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1. Money 2. Variable value items 3. Constant value items The first economies only consisted of people and variable value items. Trade was by...
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