Excerpt from Inflation, Uncertainty, and Investment The proof has three parts. The first part shows that the optimal policy takes the form of comparing the actual cost of the short-term asset, cs, to a breakeven price relative to the actual cost of a long-term asset. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition.

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