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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Historical Cost Accounting is to blame
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Showing posts with label
Historical Cost Accounting is to blame
.
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Friday 4 February 2011
Historical Cost Accounting is to blame
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The real values of many constant real value non-monetary items, for example, retained earnings never maintained, are currently not being mai...
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