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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Two systemic processes of real value erosion
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Showing posts with label
Two systemic processes of real value erosion
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Monday, 10 January 2011
Two systemic processes of real value erosion
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There was only one systemic process of real value erosion operating only in the monetary economy before the invention of double entry accoun...
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