Capital Maintenance in Units of Constant Purchasing Power in terms of the Daily CPI
A negative interest rate is impossible under CMUCPP in terms of the Daily CPI.
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Accounting can not and does not create real value out of thin air
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Showing posts with label
Accounting can not and does not create real value out of thin air
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Wednesday 3 February 2010
Accounting can not and does not create real value out of thin air
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It must be clearly understood, however, that accounting per se can not and does not create real value out of thin air – out of nothing. Ac...
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