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- 2011-7-2
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- 2016-4-19
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AndyPettitteIsGreat Wrote:
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> According to Schweser, expected inflation
> increases the return on cash instruments?!
>
> I don't understand - I thought holding cash is
> terrible during inflation?
It increases the nominal return just because the interest rate is high to compensate for the inflation. Cash instruments usually suffer in inflationary conditions. |
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发表于 2011-7-11 19:57
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