The Public Interest, Ausgaben 38-41National Affairs, 1975 |
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Seite 42
... inflation ( four per cent ) . Thus the very high interest rates of early 1974 have to be read against the substantial inflation of the same period . Real rates are not as high as nominal rates ; in fact , they are lower by about the ...
... inflation ( four per cent ) . Thus the very high interest rates of early 1974 have to be read against the substantial inflation of the same period . Real rates are not as high as nominal rates ; in fact , they are lower by about the ...
Seite 45
... inflation . ) Finally , it should be realized that many people , especially non - rich people , are more or less excluded from the benefits of higher nomi- nal interest rates in an inflationary period . Small savers lack either the ...
... inflation . ) Finally , it should be realized that many people , especially non - rich people , are more or less excluded from the benefits of higher nomi- nal interest rates in an inflationary period . Small savers lack either the ...
Seite 79
value adjusted for changes in the price level , would therefore increase because of inflation . This " double - indexing " makes both the value of benefits and the required tax rate hypersensitive to the rate of inflation . A useful way ...
value adjusted for changes in the price level , would therefore increase because of inflation . This " double - indexing " makes both the value of benefits and the required tax rate hypersensitive to the rate of inflation . A useful way ...
Inhalt
Immigration Policy Elliott Abrams | 3 |
The Intelligent Citizens | 30 |
Unemployment and the Peter B Doeringer | 67 |
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