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 for Non-CA´s: Monetary items
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Showing posts with label
Accounting for Non-CA´s: Monetary items
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Tuesday 9 February 2010
Accounting for Non-CA´s: Monetary items
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For CA´s “Monetary items have to be stated at their original nominal values because money cannot be updated. Inflation destroys the real v...
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