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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What? Price stability? What´s that?
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Showing posts with label
What? Price stability? What´s that?
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Show all posts
Wednesday 28 April 2010
What? Price stability? What´s that?
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Items with an underlying monetary nature have exactly the same attributes as money held with the single exception that they are not 100% liq...
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