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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Showing posts with label
The unknown enemy
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Showing posts with label
The unknown enemy
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Saturday 25 July 2009
The unknown enemy
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Everybody must be very happy to hear that Gill Marcus will be an enemy of inflation. Milton Friedman stated correctly that inflation is al...
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