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to hold money over time - and due to convertibility there is no means by which the Friedman rule can generate deflation …
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explains the “two-step strategy” from the capital account opening to the full convertibility of the RMB, it also analyzes the … convertibility of the RMB -- Chapter 7 Way of accelerating the RMB’s internationalization -- Chapter 8 Prospect of internationalizing …
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to hold money over time - and due to convertibility there is no means by which the Friedman rule can generate deflation …
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