This would be expected on a widespread basis, because the Terra would have a fixed, inflation proof value, due to its 100% commodity backing.
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The Terra would consequently be an inflation proof, international, global currency.
"Workers are being asked to work a little bit longer and to pay a bit more but they will be guaranteed a pension which is index-linked and inflation proof, " she said.
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Six Ways to Inflation-Proof Your Bonds.
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Markets will want proof that the central banks will coddle them, regardless of inflation.
ECONOMIST: Have markets got what they wanted at last?
The proof of its efficacy will be months away in data that track jobs, inflation and consumption.
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The proof lies in the current combination of rapid growth, very low unemployment and barely visible inflation.
ECONOMIST: The
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