As a result, our forecasted return has been somewhat
inflated in nominal terms, whereas an investor's actual purchasing power was only reduced by the lower actual inflation rate.
Not exact matches
So if we can not allow piecemeal bankruptcies to clear the system, then what is the alternative except national bankruptcy — which takes the form of meeting all the claims
in nominal terms and then hyper -
inflating?
Russ Wood Says: JVDeLong wrote — So if we can not allow piecemeal bankruptcies to clear the system, then what is the alternative except national bankruptcy — which takes the form of meeting all the claims
in nominal terms and then hyper -
inflating?
Equity and commodity markets are probably cheap across the globe
in nominal terms, as most central banks are
inflating their currency reserve bases to keep up with the Fed.