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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Capital maintenance without more money or profits
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Showing posts with label
Capital maintenance without more money or profits
.
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Friday 12 February 2010
Capital maintenance without more money or profits
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Capital maintenance logically means maintaining the real value of existing capital. Any other definition is obviously wrong. The IASB´s fina...
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