Hello Everyone does anybody know how I can account for inflation if i were to passively invest 100 units of local curreny from 2000 till 2020
Here is the paper by estrada where he talks about the termal values since its in loval currency isnt it suppose to account for inflation? How can I do that? There’s different inflations rate throughout the period.
Here is the paper
The author havent specified it clearly but can you help me with the steps please?
https://blog.iese.edu/jestrada/files/2012/06/InvEMs.pdf
Estrada’s Black Swan Paper
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