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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Variable real value of fiat money backed by all underlying value systems
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Showing posts with label
Variable real value of fiat money backed by all underlying value systems
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Tuesday 9 November 2010
Variable real value of fiat money backed by all underlying value systems
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Fiat money is: * money (functional currency within an economy or monetary union) declared by a government to be legal tender that is not c...
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