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Friday 11 March 2011

Benefits of financial capital maintenance in units of constant purchasing power not generally realized

The benefits of financial capital maintenance in units of constant purchasing power are not generally understood as a result of the fact that most entities still think that it only relates to inflation accounting during hyperinflation. CIPPA is not inflation accounting. It is implemented at all levels of inflation and deflation.

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Copyright (c) 2005-2011 Nicolaas J Smith. All rights reserved. No reproduction without permission.

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