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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Inflation myths in layman terms – Part 1
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Showing posts with label
Inflation myths in layman terms – Part 1
.
Show all posts
Thursday 29 July 2010
Inflation myths in layman terms – Part 1
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1. "Inflation erodes companies´ invested capital and profits" - as per the FASB. The FASB is the US Financial Accounting Standa...
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