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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Unstable unit of account
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Showing posts with label
Unstable unit of account
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Wednesday 10 August 2011
Unstable unit of account
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Unstable unit of account Unstable money’s third function is that it is the unstable unit of account in the economy. It is a monetary stand...
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