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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Constant real value non-monetary items
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Showing posts with label
Constant real value non-monetary items
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Friday 14 January 2011
Constant Real Value Non-monetary Items
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Inflation destroys the assumption that money is stable which is the basis of classic accountancy. In such circumstances, historical values r...
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Monday 13 September 2010
Constant real value non-monetary items
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"One can say that capital, as a category, did not exist before double-entry bookkeeping". Sombart Lane, Frederic C; Riemersma,...
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